Commercial space in Quigney

Coastal Investment Opportunity with Income Potential

Just a short walk from the beach, this property offers an exciting combination of family living, rental income and excellent development potential.

The main dwelling is a solid brick-and-concrete home offering four bedrooms, a bathroom, a comfortable lounge and a kitchen, all set on a decent-sized erf.

Adding to the appeal is a second dwelling, constructed from iron and timber, which requires some TLC but offers fantastic potential to renovate and generate additional accommodation or rental income.

The property also includes a shop currently generating approximately R10,000 per month in income, providing an immediate income stream. At the rear are additional back rooms, which could potentially be converted into further rental rooms, along with an additional toilet.

With its proximity to the beach, existing income-generating shop, multiple structures and scope for further accommodation, this property presents an ideal opportunity for an investor. With some vision and renovation, it could be transformed into student accommodation, rental accommodation or a combination of residential and income-generating spaces.

A property with income already in place and plenty of room to unlock even greater potential an opportunity not to be missed!

Commercial Property