A spacious and unique investment property with four units !
This unique investment property is a must view. Bring a serious offer.
Prime Investment or Large Family Home in Athlone Park
Perfectly positioned on Kingsway Road near Kingsway Hospital and Galleria, this versatile property offers sweeping sea views from upstairs and exceptional finishes.
Rezoned for commercial and consists off four units, it currently operates as a high-yield investment but can easily be converted back into a sprawling family home.
Investment vs. Lifestyle
The Investor: Currently generating approx. R43,000/month from four quality units with individual prepaid meters and DSTV.
The Large Family: Remove a simple drywall to create a 6-bed, 6-bath luxury residence, while retaining a 1-bed flatlet and a separate 2-bed cottage for guests or extended family.
Property Breakdown
Unit Type Details Features Potential Income
Main Upstairs 3 Bed / 3.5 Bath Large verandah, sea views, built-in braai, study. R14,500
Main Downstairs 3 Bed / 3.5 Bath Open-plan living, pool access, direct double lock up garage entry. R14,500
Flatlet 1 1 Bed / 1 Bath Located above garage; ideal granny flat with house access. R7,000
Flatlet 2 2 Bed / 1 Bath Separate entrance; can be converted back to a double garage. R7,000
All have their own prepaid Electricity meter and Water meter already installed.
Key Features
Amenities: Shared swimming pool, braai area, and JoJo tanks for rainwater harvesting.
Parking: Double garage plus five secure shade-net carports.
Location: Prime Andrew Zondo Road frontage in a sought-after coastal town famous for its beaches and the annual sardine run.
High-end finishes, air conditioning throughout, and a prime location make this a standout opportunity. Bring a serious offer!
Prime Investment or Large Family Home in Athlone Park
Perfectly positioned on Kingsway Road near Kingsway Hospital and Galleria, this versatile property offers sweeping sea views from upstairs and exceptional finishes.
Rezoned for commercial and consists off four units, it currently operates as a high-yield investment but can easily be converted back into a sprawling family home.
Investment vs. Lifestyle
The Investor: Currently generating approx. R43,000/month from four quality units with individual prepaid meters and DSTV.
The Large Family: Remove a simple drywall to create a 6-bed, 6-bath luxury residence, while retaining a 1-bed flatlet and a separate 2-bed cottage for guests or extended family.
Property Breakdown
Unit Type Details Features Potential Income
Main Upstairs 3 Bed / 3.5 Bath Large verandah, sea views, built-in braai, study. R14,500
Main Downstairs 3 Bed / 3.5 Bath Open-plan living, pool access, direct double lock up garage entry. R14,500
Flatlet 1 1 Bed / 1 Bath Located above garage; ideal granny flat with house access. R7,000
Flatlet 2 2 Bed / 1 Bath Separate entrance; can be converted back to a double garage. R7,000
All have their own prepaid Electricity meter and Water meter already installed.
Key Features
Amenities: Shared swimming pool, braai area, and JoJo tanks for rainwater harvesting.
Parking: Double garage plus five secure shade-net carports.
Location: Prime Andrew Zondo Road frontage in a sought-after coastal town famous for its beaches and the annual sardine run.
High-end finishes, air conditioning throughout, and a prime location make this a standout opportunity. Bring a serious offer!
Monthly Rates
R4,000
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Team Seven website is accurate and up to date, Team Seven 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.
