New
R 12 850 000
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23 Bedroom House in Brighton Beach

23 12 2 840 m²

EXCEPTIONAL INVESTMENT OPPORTUNITY: SEAVIEW APARTMENTS AND SHOPS

EXCEPTIONAL INVESTMENT OPPORTUNITY: SEAVIEW APARTMENTS AND SHOPS

Located in a prime coastal area, this property offers a unique investment opportunity with stunning sea views and a steady income stream. The block consists of 11 apartments, including 10 x 2-bedroom units and 1 x 3-bedroom unit, all with open-plan living, lounge, kitchen, and bathroom. The apartments are currently leased out, generating a total monthly rental income of R92,000.

APARTMENT DETAILS:

- 10 x 2-bedroom units: R8,000 per month each

- 1 x 3-bedroom unit: R12,000 per month

COMMERCIAL SPACES:

- Downstairs shop with wheelchair ramp: R30,000 per month

- Upstairs shop with stunning sea views and large balcony: R12,000 per month

ADDITIONAL FEATURES:

- 6 x JoJo tanks for water storage

- Solar-powered geysers for each unit

- Undercover parking and open bay parking for each unit

- Prepaid electricity meter

- Fenced-in complex with remote control gate access

- Convenient grocery store on site

GROSS MONTHLY INCOME: R134,000

This property offers a rare opportunity to own a fully tenanted investment property with a strong rental yield and potential for long-term growth. Don''t miss out on this exceptional investment opportunity!

Property details

  • Listing number T5322728
  • Property type House
  • Listing date 2 Dec 2025
  • Land size 2 840 m²

Property features

  • Bedrooms 23
  • Bathrooms 12
  • Lounges 12
  • Security post

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