5 Bedroom block of flats for sale in Selection Beach, Umdloti

R9,999,000
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  2. 5
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  4. Web Ref: 1091970
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Property Features

ERF Size 1,050 m²
Rates R3,800 per month

Interior Features

5 Bedrooms
1 Lounge
Kitchen
5 Bathrooms
Security

Exterior Features

2 Garages
Views
3 Parking Spaces
Balcony

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.

Location

Contact the agent

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Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.