R6,400,000
R6,400,000
Monthly Bond Repayment R68,251.50
Calculated over 20 years at 11.5% with no deposit.
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5 Freehold properties offering excellent guest house potential, near beach front
Vartrust presents this unique opportunity to an investor in the Guest House or Accommodation space to own these 5 Freehold properties. The properties are located on a quiet street corner, are a walk to the beach front and a stone throw away from the East London International Convention Centre, shops and restaurants. Collectively these properties offer 52 bedrooms of which 34 are ensuite. Some of the properties are double storey and offer sea views and a glimpse of the East London harbour from the balconies. Between them these properties share two pools.
What an excellent opportunity to own a seaside Investment property, offering so many possibilities.
The property was previously used as a student residence.
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