R7,500,000

R7,500,000

34 Bedroom Apartment Block For Sale in St Michaels On Sea
34
Bedrooms
15
Bathrooms
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34 BEDROOM - APARTMENT COMPLEX - INVESTMENT PROPERTY

Web Ref. RL9045
Land size 3944.00 m²
Monthly Bond Repayment
R74,878.49
Entire complex for sale, consisting of 5X 3 bedroom duplex apartments, 2X 3 bedroom apartments, A house that has been divide into 3 apartments (total 10 bedrooms) an office which could double as a bachelors or managers accommodation, 3X classrooms which could be renovated into flats, plus another apartment with 2 bedrooms, plus other single rooms with bathrooms. Currently used as student accommodation, this complex has endless possibilities such as holiday accommodation, permanent rentals or wellness centre. It is situated a short walk to the main St. Michaels beach and close to the business hub of Shelly Beach. This is an excellent investment due to its location, please call us ANYTIME to discuss further!

Features

Interior
34 Bedrooms
15 Bathrooms
11 Kitchens
10 Lounges
6 Dining Rooms
1 Study
Exterior
15 Parkings (Secure Parking)
11 Flatlets
Security
Domestic Accom
Sizes
Land Size 3,944 m²
Listing Info
Date Listed 11-05-25
Time Listed 06:29

Disclaimer

While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.