Presenting a prime coastal investment opportunity at R4m Negotiable

This expansive property spans 5,8252 square meters and is ideally located 400m from Bonza Bay Beach and the Quenera river mouth. Recently secured is a lucrative 30-year lease contract with a leading cell tower company.
The property features rental accommodation for four families, comprising a spacious 3-bedroom dwelling, a spacious ground-level 2-bedroom unit, and an upper-level 2-bedroom unit boasting picturesque sea views. Additionally, a double garage attached to a 2-bedroom residence currently operates a small carpentry business, all under existing lease agreements.
A robust borehole supplies ample high-quality water to all residences, powered by solar technology. The property's large yard includes charming gardens, a sizable swimming pool, and a braai/entertainment area. The largest dwelling unit is fully solar-powered and includes a newly renovated kitchen. Furthermore, the swimming pool pump operates on solar energy.
Security is paramount with a newly constructed perimeter wall equipped with state-of-the-art security cameras, ensuring peace of mind for residents.
The property is sub-divisible for Townhouses / Cottages
The property generates sufficient income to cover its overheads, promising a compelling return on investment.

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Bedrooms 10	Bathrooms 5	Garages 2
Carports 2	Parking 8	Erf Size 5 825 m²
Rates R 2 895	Pet Friendly ✓	Reception Rooms 5
Lounges 5	Dining Areas 5	Kitchen ✓
Toilet ✓	Patio ✓	Furnished ✓
Built-in Cupboards ✓	Garden ✓	Swimming Pool ✓
Borehole ✓	Built-in Braai ✓	Occupation Date 1 Aug 2024
Sea View ✓