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34 Stott Street, Manaba Beach, Margate, KwaZulu-Natal
R 1 895 000
Reduced!! Brilliant investment AND A GREAT INCOME GENERATOR!! The ambiance of this property is welcoming, private and tranquil. The many large trees provides an almost magical vibe of privacy and quiet. There are 5 cottages and 4 have under cover parking. Lots of extra parking is available. At least 2 of the cottages are WHEELCHAIR FRIENDLY as well. The cottages has a great sense of privacy and quaintness, though some TLC is needed. The property is move-in ready and is fully tenanted. It generates about R25 000.00 income per month ( excluding electricity ). The first cottage has 3 bedrooms and 2 bathrooms, and is entered through double doors from a large under cover patio. The open plan dining room/ lounge/ kitchen is spacious. 2 of the 3 bedrooms are en-suit, one a full bathroom and one has a shower. All the bedrooms are spacious and bright and welcoming. With 5...
Estimated monthly repayment
R 17 895
on a R 1 705 500 bond over 20 years at 11.25%
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34 Stott Street, Manaba Beach, Margate, KwaZulu-Natal
Area view — the exact address is shared on enquiry.