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8 - Unit Seaside Apartment Block In Fish Hoek
updated on Nov 01, 2024
R 5 500 000

WEB REF: 729428

 
  • Price POA
  • LocationFish Hoek, Fish Hoek
  • Property TypeCommercial - Block of Flats
  • Erf Size622.0000 m2
  • Rates & Taxes R 0.00
  • Monthly Levy R 0.00
Description

Accepting Offers. DESCRIPTION: Please note that the price indicated on this advert stipulates the opening bid not the price. 8-UNIT SEASIDE APARTMENT BLOCK ON OFFER. Options are endless. Short-term letting, long-term letting or sell off the units for immediate profit. The famous Fish Hoek beach just a 2-minute stroll away. The Fish Hoek property market is on a rapid incline now. Take this opportunity to maximize your returns. The building has large 2-bedroom apartments. The top floor units have large balconies with beautiful sea views. The property consists of: • 8 x 2-Bedroom apartments (±72m²). Top floor units have large, enclosed balconies. • Each unit has its own electricity meter and geyser. • 3 Garages • Outside toilet • Storeroom • Current nett income ±R50,000. Potential income once renovated (±R96,000) Potential selling price of renovated 2-bedroom apartment ±R1,450,000. The property does need some TLC. This will go fast! Bring your best offer. DETAILS: • Erf no: 10692, Fish Hoek • Erf size: 622m² • Zoning: General Residential 2 DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Brokers. Buyers must conduct their own investigations prior to purchasing.

Additional Features
  • isAuctionShowPrice
    Property Address

    1 Beach Road Fish Hoek Fish Hoek

    Contact Agent(s)

    eMail Agent(s)