St Michaels On Sea · Apartment Block For Sale
Apartment Block For Sale in St Michaels On Sea
- R 7,920,000
- 30 bd
- 19 ba
Prime investment opportunity located on the main road of Marine Drive of the suburb St Michaels On Sea, close to many amenities and the very well-known St Michaels Beach.
This Apartment block consists of 30 bedrooms, totaling approximately 1,059.26m building under roof. The perfect investment for generating a monthly income!
The subject property breaks down as follows:
The first Front building - 5 x Three bedroom duplex units that comprise of a kitchen, lounge, verandah, and 2 bathrooms.
2 x Two Bedroom apartments with a kitchen, lounge, sun room and bathroom.
The Second building - 1 Main Building consists of 8 rooms but has been split into 3 separate accommodation units with bathrooms.
The Third Building - 3 Bedroom Unit & 1 bathroom
The fourth Building - 2 Large Rooms being used as Classrooms with a shared bathroom.
The Fifth Building - 1 large office with 2 bathrooms.
If you have any inquiries or would like to view the property, please contact me!
Property Information & Features
- Property Type
- Apartment Block
- Listing Type
- For Sale
- Location
- St Michaels On Sea, Margate
- Price
- R 7,920,000 · Get Pre-Qualified
- Erf Size
- 3044 m²
- Bedrooms
- 30
- Bathrooms
- 19
- Pet Friendly
- Yes
- Residential Zoning
- Yes
- Security
- Yes