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R15,950,000 | 11 Bedroom Guest House For Sale in Strand North

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R15,950,000

Monthly Bond Repayment R172,851.27
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,500

11 Bedroom Guest House For Sale in Strand North

UNIQUE OPPORTUNITY IN BEACH ROAD!<br/><br/>Seafront 11 bedroom self catering block in beach road. Zoned: General Residential 5 , 33m max height. With<br/>3 street fronts At the moment the property consists of ground floor and first floor. Only stairs.<br/><br/> One block with 6 self catering units consists of:<br/><br/> <br/>2 x one bedroom with mountain view on first floor<br/>3x two bedroom units with sea view beachfront on first floor.<br/>1x three bedroom house with sea view beachfront on ground floor with huge private deck and braai<br/>area with amazing sea views.<br/><br/>5 x motorized lock up garages.<br/>1 x covered car port<br/>3 x open parking.<br/><br/>First floor newly built. 5 of 6 Units are modern and fully furnished.. Ground floor 3 bedroom house<br/>newly renovated, furniture not included.<br/><br/>All units have their own pre paid electric meters, Solar system installed.<br/>Unit 3 has a built- in braai in kitchen. Extra outside braai area on first floor.<br/>Also aircons throughout units. Price excluding VAT. This is a VAT registered property.( If the purchaser should be VAT registered then it may be possible to be a nul VAT transaction ,as the property is a guesthouse and sold as a going concern) Very good income potential. Contact me for more information.

Features

11
7
5
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
7
Furnished
Yes
Exterior
Garages
5
Security
Yes
Parkings
4
Pool
No
Sea Views
True
Sizes
Floor Size
700m²
Land Size
677m²

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Strand Property Market Report - Nov 2020 to Oct 2021

A variety of factors have influenced Strand's property market positively during the last year
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