9 Bedroom Apartment Block For Sale in Velddrif
R4,935,000
Monthly Bond Repayment R53,480.94
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL7168
Income-Generating Property in Velddrif.
Location: Velddrif, Western Cape, South Africa Distance from Cape Town: Approximately 140 kilometres
Property Type: Multi-unit Residential Investment Total Units: 5 Flats (4 Two-bedroom Flats + 1 Single-bedroom Flat)
Overview: Welcome to an exceptional investment opportunity in the picturesque coastal town of Velddrif, nestled along the sought-after West Coast of South Africa. This property boasts five income-generating flats on a single plot, making it an ideal addition to your real estate portfolio. One flat still to be completed.
Property Features:
1. Prime Location: Located just 140 kilometres from Cape Town, Velddrif offers the perfect blend of serene coastal living and easy access to urban amenities. This vibrant fishing village is renowned for its scenic beauty, tranquil surroundings, and outdoor recreational opportunities.
2. Five Distinct Flats:
Four spacious two-bedroom flats offer comfortable living spaces, perfect for families or long-term tenants.
One single-bedroom flat is ideal for singles or couples seeking a cosy and cost-effective living space.
3. Income-Generating Potential: This property is a consistent income generator. The demand for rental properties in Velddrif is high, and with a diversified mix of flats, you can expect a reliable rental income stream. Whether you choose to rent out all units or live in one while leasing the others, this investment offers financial flexibility.
4. Secure and Private: The property is designed with security in mind, providing peace of mind to both you and your tenants.
Location: Velddrif, Western Cape, South Africa Distance from Cape Town: Approximately 140 kilometres
Property Type: Multi-unit Residential Investment Total Units: 5 Flats (4 Two-bedroom Flats + 1 Single-bedroom Flat)
Overview: Welcome to an exceptional investment opportunity in the picturesque coastal town of Velddrif, nestled along the sought-after West Coast of South Africa. This property boasts five income-generating flats on a single plot, making it an ideal addition to your real estate portfolio. One flat still to be completed.
Property Features:
1. Prime Location: Located just 140 kilometres from Cape Town, Velddrif offers the perfect blend of serene coastal living and easy access to urban amenities. This vibrant fishing village is renowned for its scenic beauty, tranquil surroundings, and outdoor recreational opportunities.
2. Five Distinct Flats:
Four spacious two-bedroom flats offer comfortable living spaces, perfect for families or long-term tenants.
One single-bedroom flat is ideal for singles or couples seeking a cosy and cost-effective living space.
3. Income-Generating Potential: This property is a consistent income generator. The demand for rental properties in Velddrif is high, and with a diversified mix of flats, you can expect a reliable rental income stream. Whether you choose to rent out all units or live in one while leasing the others, this investment offers financial flexibility.
4. Secure and Private: The property is designed with security in mind, providing peace of mind to both you and your tenants.
Features
Bedrooms 9
Security Yes
Bathrooms 5
Garages 2
Land Size 1,100m²
Carports/Parkings 2
Pets Allowed Yes
Monthly Rates R2,300.00
Security Yes
Bathrooms 5
Garages 2
Land Size 1,100m²
Carports/Parkings 2
Pets Allowed Yes
Monthly Rates R2,300.00
Agent Contact Details
Kotie Kritzinger
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 271 395 87)
Cell 0828204337
Office (021) 8813311
WhatsApp Me
Non-Principal Property Practitioner
Registered with PPRA
(FFC 202 271 395 87)
Cell 0828204337
Office (021) 8813311
WhatsApp Me
Message the Agent
1 of 1