Exceptional investment opportunity! This block of sectionalised apartments offers flexible options: sell individual units, rent out for long-term income, or operate a boutique hotel/B&B. With its prime location and versatile layout, this property is perfect for savvy investors or entrepreneurs seeking diverse revenue streams. Potential for high returns through rental income, Airb&b, or hotel operations. Don't miss this rare chance to capitalise on multiple income streams!
Approx Building Footprint: 631 m2
Approx Total area of Apartments: 2394 m2
Approx Total Building Area: 3724 m2
ERF size: 2126m²
Erf Zoning: R6
Permanent Departure:
Operation of Commercial Frail Care Centre
Permanent Departure Approval Date:June 2019
Rider Plan for Ground Floor Amendment:Application Pending
Apartments (Sectionalised)
Number of Apartments:28
Number of Levels: 6
1 Bed Apartments: 6x 61m2
1 Bed Apartments: 2x 73m2
1 Bed Apartments: 2x 75m2
2 Bed Apartments: 6x 88m2
2 Bed Apartments: 8x 90m2
3 Bed Penthouses: 4x 121m2
Ground Floor Amenities:
Restaurant (Not operational)
Commercial Kitchen
Bar & TV area
Lounge & Library
10 Frail Care Units (Not operational)
Frail Care Toilets+ Basin(10) & Showers(2)
Nursing Station
Reception area
Managers Office
Guest toilet in front & at the Kitchen
Laundry & Linen Room
6 Store Rooms
Bicycle Room
Fire Detection System
