5 Bedroom block of flats for sale in Selection Beach, Umdloti
Web Ref: 1091970
Calling all Developers / Investors
Rawson Berea Franchise offers this rare find.. a property offering 1000+sqm of land with the amazing Umdloti beach on your doorstep.
A developers dream the property is prime and offers..
* Plenty of ground-space for expansion
* An apartment block consisting of 5 bachelor apartments. Four apartments have long term rental tenants and one is furnished and is rented as holiday accommodation.
* Under the apartment block is a covered section that can be converted into another bachelor apartment, but is currently used for parking.
* The apartment consist of an open plan living area, spacious enough to incorporate a bedroom, lounge, dining and kitchenette, bathroom with bath, shower, basin and toilet as well as a lovely open balcony with sea views.
* Plenty open parking spaces
Ideally the adjacent land is also for sale and together can offer a developer the ideal opportunity to develop an amazing upmarket residential property.
Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years
Our goal is to sell your property at the right price and in the shortest possible time.