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0 Mountainside, 33 Protea, Mountainside, Gordons Bay, Western Cape
R 17 999 999
Prime Coastal Investment 6 Modern Sea View Apartments Price: R17,999,999 VAT Inclusive VAT-Registered Buyers May Claim VAT BackEXCLUSIVE AUTHORITY TO SELL33 Protea Drive, Mountainside, Gordons Bay AKA Atlantic ViewAn exceptional opportunity to acquire a fully furnished, income-generating 6-unit apartment building with uninterrupted sea views from every level. Perfectly positioned on the mountainside, this modern property offers a balance of lifestyle appeal and strong, consistent rental returns.Originally a luxury Bed & Breakfast, it now operates as six spacious long-term rental units, each featuring contemporary interiors, open-plan living, and private outdoor spaces. The top to apartments enjoy large entertainment balconies, while the middle and lower units feature smaller balconies or private braai areas. Of these the Top 4 units has 3 Bedrooms and 3 Bathrooms each, and the bottom 2 units have 2 bedrooms and 2 Bathrooms each.A shared swimming pool and communal braai area, located just behind the building on the mountainside, provides a tranquil retreat with elevated sea views over the rooftops.Additional features include 4 secure garages, a recently serviced lift, prepaid electricity meters, and fibre-ready connectivity.This turnkey coastal investment delivers stable income, lifestyle luxury, and long-term capital growth all for R17,999,999 VAT inclusive.Please take the time to click on the 3D Matterport link and video to experience the wonder of this gem.Call us TODAY to arrange your private viewing.Strict pre-qualification applies on instruction from the Seller. Show more Show less
Estimated monthly repayment
R 169 979
on a R 16 199 999 bond over 20 years at 11.25%
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0 Mountainside, 33 Protea, Mountainside, Gordons Bay, Western Cape
Listed by
Lerato Fourie
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