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R15,000,000

Guest House for sale in Isipingo Beach

2,550m²
Guest House For Sale In Isipingo Beach

Prime Commercial Property For Sale

R15 million Negotiable

Ocean Breeze Student Village

2 Blocks housing over 200 students in Isipingo Beach, within 6km from Mangosuthu University.

Over R2mil spent on renovations.

50% renovation complete, requires fencing and furnishings.

Vodacom Antenna Rental +- R250k a year with a 5% increase p/a and has a renewed lease for a further 10 years.

14 other properties included in the company

Price is negotiable.

Exceptional Opportunity for investors!

Call to arrange your private viewing now!

Property Type
Guest House
Stand Size
2,550m²
Reference
ENT0265007
Property history
Listed for sale at R15,000,000
26 Nov 2023
Price reduced by 20% to R12,000,000
13 May 2024
Price increased by 25% to R15,000,000
15 May 2024
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