POA

Apartment / Flat On Auction in Strand Central

115 Beach Rd, Strand, Cape Town, 7139, South Africa, Strand Central, Strand

699 m²

AUCTION

Auction: 115 Beach Road, Strand

Discover an exceptional investment opportunity in the heart of Strand with this premium beachfront apartment block, perfectly positioned to capitalize on the area’s high demand for residential accommodations. Comprising six fully furnished units, this property offers a total GLA of 699m² on an expansive 677m² erf. With short-term leases already in place, you can enjoy immediate rental income while the unutilized bulk presents exciting potential for future development. Zoned General Residential 5, this property not only meets current housing needs but also promises significant capital growth as the demand for new developments continues to surge in the area.

Situated within the vibrant municipality of the City of Cape Town, this fully tenanted block is VAT registered, making it a savvy choice for investors seeking both short-term cash flow and long-term appreciation....

Discover an exceptional investment opportunity in the heart of Strand with this premium beachfront apartment block, perfectly positioned to capitalize on the area’s high demand for residential accommodations. Comprising six fully furnished units, this property offers a total GLA of 699m² on an expansive 677m² erf. With short-term leases already in place, you can enjoy immediate rental income while the unutilized bulk presents exciting potential for future development. Zoned General Residential 5, this property not only meets current housing needs but also promises significant capital growth as the demand for new developments continues to surge in the area.

Situated within the vibrant municipality of the City of Cape Town, this fully tenanted block is VAT registered, making it a savvy choice for investors seeking both short-term cash flow and long-term appreciation. Each unit comes furnished, providing a hassle-free transition for new tenants and enhancing the overall appeal of the property. With stunning beachfront access, residents will relish the coastal lifestyle, ensuring high occupancy rates and a steady income stream. Don’t miss your chance to invest in a property that combines immediate returns with exciting future potential.

Township: Strand

Erf Number: Erf 1172

Erf Size: 677m²

Total GLA: 699m²

Property Description:

Premium Strand beach front apartment block

Income generating fully tenanted with short term leases in place

6 Fully furnished units, with furniture included

Zoned General Residential 5

Unutilized bulk

High demand for new development driving capital growth

VAT Registered: Yes