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R11,550,000

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Monthly Levy
R0.5 Excl. VAT
Monthly Rates
R3,000 Excl. VAT
Auction

Prime Investment Opportunity: Block of 14 Flats for Sale in Uvongo Beach

An exceptional income-generating investment opportunity in the heart of Uvongo Beach! This lucrative property, rarely available on the market, is now ready for the right investor with the vision to transform it into a modern landmark.

With an impressive nearly 100% occupancy rate for long-term rentals and secure lease agreements in place, this property guarantees a steady income stream. Each unit is thoughtfully designed for comfortable living, making it highly attractive to tenants.

Property Features:
✔ 14 Well-Designed Units:

4 x Three-bedroom, two-bathroom units

9 x Two-bedroom, two-bathroom units

Each unit boasts its own unique design and layout, with private balconies or patios for outdoor living.

✔ Excellent Amenities:

Private swimming pool and braai areas for tenants

14 carports plus additional visitor parking

Potential to add a bachelor’s flat for extra rental income or on-site supervisor accommodation

✔ Prime Location:

Walking distance to Uvongo Beach and local shops

Easy access to schools, shopping malls, and public transport

This is a rare investment opportunity with high rental demand and excellent growth potential. Contact me today for further details and to arrange a viewing by appointment only.

Features

14
6
Building Name:
Black Forest
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
1,896m²
Land Size
1,896m²
Parking Bays
Covered Parking Bays
14
Open Parking Bays
6
Extras
Lapa • Splash Pool
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Mandated Property Group website is accurate and up to date, Mandated Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

159,101.26

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