About This Property
Property Info is proud to introduce you to this once in a lifetime opportunity for an investment with massive returns! This property is located in upper Elandsheuwel and is in easy access to Ian & Leemhuis Streets which connect the areas of Wilkeville, Songloed, Flimieda and Wilkoppies. The Property is zoned for Special use and allows for a wide range of options such as the use of Restaurants, Place of Amusement, dwelling Houses, Recreational facilities, Overnight Facilities such as Caravan Parks etc. - The possibilities here are endless, with the vacant land section measuring another 8.38 Hectares with lots of room for growth! - 13 Townhouses with long term Tenants. Each Townhouse has its own living area, kitchen, Bathroom and bedrooms. 12 Townhouses with 2 Bedrooms and 1 Townhouse with 1 Bedroom. Each with their own entrances and private gardens. Meters are in place for both Electricity and Water for all the Tenants - 18 Single Rooms - Fully Equipped and well known Bar - Communal Swimming Pools - Communal Braai with Lapa Entertainment area - Putt-Putt course - Guest toilets - 18 Carports - 2 Lock-up Garages - Lock-up Workshops with Tools & Gardening equipment that is included in the sale - Borehole with sprinkler system in place Rental income for this property is roughly R75 000 which pays for itself! Contact the agent for more information.
Property Overview
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Theuns van Schalkwyk
