11-Bedroom Multi-Level Coastal Investment
Rare opportunity in the sought-after West Beach area. This substantial multi-level coastal property offers exceptional flexibility and outstanding income-generating potential in a prime coastal position.
Configured with bedrooms and bathrooms on every level, the home easily lends itself to self-catering units, flatlets, or multi-unit accommodation. Two existing flats are currently generating income, with further scope to expand or reconfigure.
Key features include an indoor swimming pool, multiple living areas, balconies and entertainment spaces, and a layout ideal for separation and privacy. The landscaped back garden offers a peaceful retreat, while the front section of the property presents further development and enhancement potential.
The property already offers multiple income-generating units, including an upstairs three-bedroom flat renting at R12 000 per month, a downstairs bachelor flat at R7 500 per month, and a newly developed flat currently being completed with an anticipated rental of R7 000 per month. In addition, the garage is currently being converted into two further flats, significantly increasing the property's future rental yield and overall investment value.
Gas is excluded from the rental amounts, and prepaid electricity meters will be installed for all units, ensuring convenient and efficient utility management. Additional highlights include approximately 65,000 litres of water storage, gas heating, and walking-distance access to West Beach.
A versatile, high-yield coastal investment opportunity with excellent expansion potential — ideal for investors, developers, or extended families seeking multiple income streams.
Configured with bedrooms and bathrooms on every level, the home easily lends itself to self-catering units, flatlets, or multi-unit accommodation. Two existing flats are currently generating income, with further scope to expand or reconfigure.
Key features include an indoor swimming pool, multiple living areas, balconies and entertainment spaces, and a layout ideal for separation and privacy. The landscaped back garden offers a peaceful retreat, while the front section of the property presents further development and enhancement potential.
The property already offers multiple income-generating units, including an upstairs three-bedroom flat renting at R12 000 per month, a downstairs bachelor flat at R7 500 per month, and a newly developed flat currently being completed with an anticipated rental of R7 000 per month. In addition, the garage is currently being converted into two further flats, significantly increasing the property's future rental yield and overall investment value.
Gas is excluded from the rental amounts, and prepaid electricity meters will be installed for all units, ensuring convenient and efficient utility management. Additional highlights include approximately 65,000 litres of water storage, gas heating, and walking-distance access to West Beach.
A versatile, high-yield coastal investment opportunity with excellent expansion potential — ideal for investors, developers, or extended families seeking multiple income streams.
Monthly Rates
R3,680
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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.
