Large Multi-Unit Property in Port Alfred – Investment Opportunity

  • R2,000,000
Forest Downs, Port Alfred, Eastern Cape
For Sale
Large Multi-Unit Property in Port Alfred – Investment Opportunity
Forest Downs, Port Alfred, Eastern Cape
  • R2,000,000

Overview

Property ID: HZRL30862
  • House
  • Property Type
  • 10.0
  • Bedrooms
  • 9.0
  • Bathrooms

Description

Exclusive Mandate! Discover this expansive, partly completed property located in the serene Forest Downs of Port Alfred. With 9 separate living areas, this versatile investment is full of potential! The main, spacious ground-floor unit features a comfortable living room, an open-plan kitchen, two bedrooms, and a bathroom. Two additional units, one upstairs and one downstairs, each offer a generous living area, one bedroom, and a bathroom. Six further units each consist of a living area, one bedroom, and a bathroom.

The property is already connected to electricity and a conservancy tank in place. Currently, only one unit has been connected to electricity and plumbing, with the remaining units awaiting completion. The boundary wall encloses two sides of the property, while the rest is secured with fencing. Please note, there are deviations from the approved building plans, and rezoning approval will be required. Don’t miss out on this fantastic opportunity! Call today to explore what this property has to offer.

  • Address 5878 Umdoni Downs Street
  • City Port Alfred
  • State/county Eastern Cape
  • Area Forest Downs

Details

Updated on December 10, 2024 at 4:25 pm
  • Property ID: HZRL30862
  • Price: R2,000,000
  • Land Area: 913.00
  • Bedrooms: 10.0
  • Bathrooms: 9.0
  • Garage: 0.0
  • Property Type: House
  • Property Status: For Sale

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