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Beacon Bay, Beacon Bay, East London, Eastern Cape
R 2 995 000
The Opportunity: Business Premises ( necessary permissions apply) Ideal for student accommodation, workforce housing, or multi-unit residential development Strong rental demand supports high occupancy and scalable returns Existing Improvements (Income While You Plan): Main house (3-bedroom configuration) 3 income-generating flats 4 additional rental rooms Established tenant base providing immediate revenue Key Advantages: Main road exposure – ideal for access and visibility Infrastructure already in place, reducing upfront costs Multiple structures allow phased development approach Water tanks installed (added utility resilience) This is a value-add project where the real upside lies in reconfiguration, expansion, or complete redevelopment to maximize bulk and returns. Opportunities like this — combining location, income, and development potential — are seldom available. Contact Penny today for further details and to explore the full development potential of this site.
Estimated monthly repayment
R 28 283
on a R 2 695 500 bond over 20 years at 11.25%
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Area view — the exact address is shared on enquiry.
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