Townhouse for Sale, East London, Eastern Cape, South Africa

Looking for a solid investment with immediate returns and a definite asset appreciation over the years, search no more!

Soaring above the rest, overlooking the breaking waves of the sea, this secure and spruce property offers 6 fully tenanted apartments, each featuring a fitted kitchen with granite tops and tiled flooring throughout. The open-plan living areas are designed for modern comfort, with sliding doors leading directly to the revamped deck, creating a seamless indoor-outdoor flow.

Each unit includes a double volume bedroom and modern en-suite bathroom, adding to the property's appeal. The double-storey buildig, furthermore, boasts 6 garages and ample open parking space.. Situated near the sea, the property offers a scenic and desirable location. The spacious layout is complemented by caretaker quarters for added convenience.

In addition, each apartment has a dedicated electricity meter and a dedicated water meter. The tenants pay for water and electricity consumption independently on their own..The property presently generates a monthly rental income of R33 000.00
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A cherry on top, this versatile property so close to the beach also smacks of a thriving air BnB!

Don't miss out on this incredible offering! Contact us today to arrange a viewing.