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  • Mandate: 31907
  • Added: 13 Mar 2018
  • AFS
  • 956

Fully Furnished Luxury Apartment Block

Western Cape, Cape Town
956
Mandate 31907
Added 13 Mar 2018
R 17,600,000* ZAR
Stock: R 0
Assets: R 0
Richard Jones
Aldes Atlantic
Western Cape
Western Cape
Summary

Property Investment Opportunity

SELLING PRICE AFS
R 17,600,000* ZAR
Stock: R0
Assets: R0
Summary

Property Investment Opportunity

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Fully describe this property and its income earning activities.
Luxury apartment building consisting of 6 apartments - 2 x 2 Bedrooms / 4 x 3 bedrooms all fully furnished-- This stylish, spacious block has been designed to take full advantage of the breathtaking sea and mountain views. It offers all the accommodation and extras one could wish for with excellent finishes throughout. The spacious open plan living areas are on the upper level and open onto the patio with panoramic views from all apartments an Air BnB business ready to go or as a long term investment.

What is the approximate age of the buildings?
9yrs

What is the zoning of the property and what can be developed thereon?
Residential and fully developed

Are there building plans available?
yes

What is the erf size and the size of the buildings?
1051m2

Is a property valuation available?
no

What Advertising/Marketing is carried out?
Internet 3rd party agents and bookings.com

Is a property valuation available?
No

Is the property being let by a letting agency?
On occasion and via Air BnB

How involved is the Owner in running the business?
not at all

What is the reason for the sale?
Not Part of owners core business

Why is this property a good investment?
Fantastic capital appreciation value in a sought after location coupled with a business model of either short term rentals via BnB or long term rentals during various seasonal periods.

What is the asking price?
R17,600,00.00 including property and all furniture, fittings and equipment

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FRANCHISE DETAILS

Aldes Atlantic

6 members
39 active mandates
Western Cape
33 Montague Drive
7441

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