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Quigney, Quigney, East London, Eastern Cape
R 3 950 000
BLOCK OF 6 SELF CONTAINED APARTMENTS, MODERN, TENANTED! Looking for a solid investment with immediate returns and a definite asset appreciation over the years, search no more!Soaring above the rest, overlooking the breaking waves of the sea, this secure and spruce property offers 6 fully tenanted apartments, each featuring a fitted kitchen with granite tops and tiled flooring throughout. The open-plan living areas are designed for modern comfort, with sliding doors leading directly to the revamped deck, creating a seamless indoor-outdoor flow.Each unit includes a double volume bedroom and modern en-suite bathroom, adding to the property''s appeal. The double-storey buildig, furthermore, boasts 6 garages and ample open parking space.. Situated near the sea, the property offers a scenic and desirable location. The spacious layout is complemented by caretaker quarters for added convenience.In addition, each apartment has a dedicated electricity meter and a dedicated water meter. The tenants pay for water and electricity consumption independently on their own..The property presently generates a monthly rental income of R33 000.00.A cherry on top, this versatile property so close to the beach also smacks of a thriving air BnB!Don''t miss out on this incredible offering! Contact us today to arrange a viewing. Show more Show less
Estimated monthly repayment
R 37 301
on a R 3 555 000 bond over 20 years at 11.25%
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Quigney, Quigney, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
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