5 Bedroom block of flats for sale in Strand North
Web Ref: 1067993
EXCELLENT INVESTMENT OPPORTUNITY
Situated in De Beers Rd, this property offers so much. The total extent of the property is 429m².
Currently it is divided into 4 units:
1. The ground floor unit consists of an open plan living area and kitchen and a separate bedroom, with en-suite bathroom.
2. On the 1st floor is a 2 bedroom unit, with 2 bathrooms, big open plan living area, kitchen with stove and eye level oven and a separate laundry.
3. On the 2nd floor is a 1 bedroom unit, which also can be used as a 2 bedroom unit. Open plan lounge and kitchen, that leads out to a big balcony and separate bedroom, with bathroom.
4. This unit is also a 1 bedroom unit, with an open plan lounge and kitchen and bathroom. Sharing the big balcony.
In total you have 5 bedrooms, 5 bathrooms, 4 kitchens, 4 living areas, 1 laundry and 3 lock up garages. The opportunities are endless and you can either get a rental income, from the unit as a whole, or stay in the 1 part and rent out the rest and even do holiday rentals, because of the location, close to the beach.
Potential rental income of +/- R30 000 pm – R40 000 pm