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Ref: 6540985

10 Beds
7 Baths
Summerstrand House For Sale

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R6,995,000 - Summerstrand
10 Beds, 7 Baths
Ref #: 6540985
Featured 19 Days Ago
Type: House
Suburb:Summerstrand  (in Port Elizabeth)
Price:R 6,995,000 (For Sale)
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Property Features

  • 10
  • 7
  • yes
  • 1133
  • 377
  • 7
Prime Property / House converted to 7 flats, with Flat Rights - Zoned 3F -Beachfront - Summerstrand, Port ElizabethIZABETH!!


A well Positioned Property, An ideal investment oppertuinity is up for grabs!!. Can be used to rent out monthly, use as a Guest House, or to Develope a 5 story block of Flats with basement parking. APPROVED DEVELOPMENT RIGHTS - (ZONING Res 3 F).
Although it is sold as a Residential House converted into flats, it is currently being run as a Guest House, so if interested, you can Purchace the business with all contents as wel,l at an additional cost. 11 Years of hands on experience has made this fully Self-Catering Guest House to be one of the most popular Guest Houses in the Beachfront in Port Elizabeth.
This Property is perfectly positioned within 100 m from our lovely Blue Flag - Pollok Beach. This Property has many regular clients throughout the year and regular December visitors, that book every year. It is perfect for Daily or Monthly guests, Holiday, Business, Private or long term stays. An ideal Investment with excellent returns on your capital.

The Property consists of 7 fully Self-Catering flats - sleeps a total of 33 people. All 7 the flats (consisting of 10 bedrooms), have their own private entrance.
Total flats consist of: 3 x 2 bedroom units, 3 x 1 bedroom units and 1 studio unit.
This Property is walking distance to the University, both schools in Summerstrand, 1 km from the Boardwalk Casino, 1 .2 km from the Humewood Golf Course, 100 m from the Beach and right behind Pick & Pay shopping centre.

And as a Bonus this property has approved 3F Zoning with Flat Rights for the development of a 5 story UPMARKET apartment block with basement parking.

A better position than this will be difficult to find. Don't miss out on this PRIME PROPERTY which has so much to offer.

A good investment is ALWAYS about POSITION, POSITION, POSITION !!!!

Garden: YES

Enquire About This Property
Joron Estates

» Ronell Heydenrych

041 583...041 583 2786Show numbers
072 610...072 610 4837Show numbers
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Please quote the following reference(s) when enquiring about the property

Ref: 6540985
Agency Ref(s):1761164 or 4026606

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