50 Bedroom House in Strand North

Exceptional investment opportunity! This block of sectionalised apartments offers flexible options: sell individual units, rent out for long-term income, or operate a boutique hotel/B&B. With its prime location and versatile layout, this property is perfect for savvy investors or entrepreneurs seeking diverse revenue streams. Potential for high returns through rental income, Airb&b, or hotel operations. Dont miss this rare chance to capitalise on multiple income streams! Approx Building Footprint: 631 m2Approx Total area of Apartments: 2394 m2Approx Total Building Area: 3724 m2ERF size: 2126mErf Zoning: R6Permanent Departure:Operation of Commercial Frail Care CentrePermanent Departure Approval Date:June 2019Rider Plan for Ground Floor Amendment:Application Pending Apartments (Sectionalised)Number of Apartments:28Number of Levels: 61 Bed Apartments: 6x 61m21 Bed Apartments: 2x 73m21 Bed Apartments: 2x 75m22 Bed Apartments: 6x 88m22 Bed Apartments: 8x 90m23 Bed Penthouses: 4x 121m2 Ground Floor Amenities:Restaurant (Not operational)Commercial KitchenBar & TV areaLounge & Library10 Frail Care Units (Not operational)Frail Care Toilets+ Basin(10) & Showers(2)Nursing StationReception areaManagers OfficeGuest toilet in front & at the KitchenLaundry & Linen Room6 Store RoomsBicycle RoomFire Detection System