Atlantic Beach Golf Estate , Big bay , Blouberg Rise , Blouberg Sands , Bloubergrant , Bloubergstrand , Burgundy Estate , Cape Farms , Dune Ridge , Dunoon , Duynefontein , Flamingo Vlei , Joe Slovo Park , Lagoon Beach , Melkbosstrand , Milnerton , Milnerton Ridge , Montague Gardens , Phoenix (Milnerton) , Richwood , Rugby , Sagewood , Sandown Estate , Sunningdale - CPT , Sunridge , Sunset Beach , Table View , The Sandown , Tijgerhof , Van Riebeeckstrand , West Beach , West Riding - CPT , Woodbridge Island
Price : R1 080 000 per unit or R5 320 000 for all 5 units.
Colchester Park : Just off Sandown Road
Discover a premier investment opportunity with this fully leased apartment block, comprising six modern 2-bedroom, 1-bathroom units, ideal for a collective purchase. Each unit falls below the [hidden] million threshold, exempting it from transfer duties, with each apartment on its own sectional title.
Prime Location : Opposite Virgin Active Gym, Food Lovers Market & within 200m of the MyCity Bus Stop.
Ave Monthly Rental Income : ±R50 000 for all 5 units.
Property Highlights:
Units Included:
5 Apartments (4 ground-floor units, 1 second-floor units) - Apartment Size 64m2 each.
Each unit offers 2 bedrooms, 1 bathroom, and an allocated parking bay.
Leased Units:
All units are currently leased. Lease terms and rental income details are available upon request.
Images Available:
Photos of a sample apartment are available for viewing.
This rare investment opportunity offers a steady rental income stream in a highly sought-after area. For further information, please contact us today!