13-Bedroom Multi-Level Coastal Investment
Income-Producing Coastal Investment in Sought-After West Beach
A rare opportunity to acquire a substantial multi-level, income-producing property in the sought-after West Beach area of Port Alfred, within walking distance of the beach.
Offering exceptional flexibility, the property has been configured to accommodate multiple separate rental units, creating an attractive opportunity for investors looking for several income streams from one property. Once fully occupied, the property has the potential to generate approximately R51,000 per month in gross rental income.
The versatile multi-level layout provides bedrooms and bathrooms across the property, allowing for excellent separation and privacy between the various living and rental areas. Existing and newly developed flats provide a diverse rental mix, with further potential to enhance the property over time.
A standout feature is the indoor swimming pool, complemented by multiple living and entertainment areas, balconies and a landscaped back garden. The front section of the property also offers additional potential for future enhancement or development.
Practical features include approximately 65,000 litres of water storage, gas heating and prepaid electricity meters for the individual units, allowing for more efficient management of utilities.
With its combination of strong rental potential, multiple income streams, substantial accommodation and a sought-after coastal location, this property presents an exciting opportunity for investors, developers or extended families looking for a versatile property with income-producing potential.
An established coastal investment with room to grow — and the beach just a short walk away.
A rare opportunity to acquire a substantial multi-level, income-producing property in the sought-after West Beach area of Port Alfred, within walking distance of the beach.
Offering exceptional flexibility, the property has been configured to accommodate multiple separate rental units, creating an attractive opportunity for investors looking for several income streams from one property. Once fully occupied, the property has the potential to generate approximately R51,000 per month in gross rental income.
The versatile multi-level layout provides bedrooms and bathrooms across the property, allowing for excellent separation and privacy between the various living and rental areas. Existing and newly developed flats provide a diverse rental mix, with further potential to enhance the property over time.
A standout feature is the indoor swimming pool, complemented by multiple living and entertainment areas, balconies and a landscaped back garden. The front section of the property also offers additional potential for future enhancement or development.
Practical features include approximately 65,000 litres of water storage, gas heating and prepaid electricity meters for the individual units, allowing for more efficient management of utilities.
With its combination of strong rental potential, multiple income streams, substantial accommodation and a sought-after coastal location, this property presents an exciting opportunity for investors, developers or extended families looking for a versatile property with income-producing potential.
An established coastal investment with room to grow — and the beach just a short walk away.
Monthly Rates
R3,680
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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.
