R 14 995 000
12 Bed, Bed and Breakfast in Glen Hills
197 umhlanga rocks driveIncome Generating Property
Calling all investors!!
This income generating property set on Umhlanga Rocks Drive is exactly what you were looking for. This property has both commercial and residential lease options and four existing tenants in place. Your commercial tenants will have maximum exposure from passing vehicles on the main road and spoilt with stunning sea views. Generates an income of R77 500per month.
There is residential lease option main house and three flatlets generates an income of R48 000 per month and has its with own driveway. Can be used as an Air BnB. This property screams PROFIT and awaits you. So call me now as this is a must see!
Property in Detail:
Commercial Space:
4 Business/Retail Space
Main House:
4 Bedrooms
4 Bathrooms
2 Lounges
Kitchen
Scullery
Dining Area
Store Room
Double Garage
Pool
Pet Friendly
Flatlet 1 and 2
2 Bedrooms
1 Bathroom
Kitchen
Lounge
Dining Area
Parkings
Flatlet 3 is a bachelor unit
Property details
- Listing number T4573447
- Property type Bed And Breakfast
- Erf size 1514 m²
- Floor size 1 057 m²
- Rates and taxes R 15 000
Property features
- Bedrooms 12
- Bathrooms 8
- Open Parkings 18