Description
Investment Opportunity: Prime Situated Flats in Humewood with Development Potential
Discover a rare investment gem nestled in the heart of Humewood, offering a blend of current income stability and promising future growth. These spacious flats boast prime positioning, affording breathtaking views of Humewood and the serene ocean beyond.
Property Features:
- Diverse Flat Configuration: The building comprises 9 expansive 1-bedroom flats on the 3rd floor, 12 well-appointed 2-bedroom flats on the 2nd floor, and 6 luxurious 3-bedroom flats on the first floor. Each flat offers generous living spaces, adorned with parquet or carpeted flooring.
- Scenic Balconies: Enjoy the picturesque surroundings from large east or north-facing balconies, seamlessly extending from open-plan living areas.
- Modern Amenities: All flats feature full bathrooms, practical kitchens equipped with melamine finishes, oven, and hob, secure undercover parking, and pre-paid electricity meters for added convenience.
- Future Development Potential: Studies and architectural plans are in place for potential future development on vacant land adjoining the property, including 24 approved 1-bedroom flats, with rezoning considerations already addressed.
- Ideal Tenant Profile: The property appeals to a diverse tenant demographic, ranging from students attending nearby Nelson Mandela University to young professionals, couples, and families.
- Convenient Location: Situated within close proximity to Chief Dawid Stuurman International Airport, the newly renovated Boardwalk Entertainment Centre and Casino, public transport links, reputable schools, medical facilities, and an array of dining options.
- Quality Construction: Built to last, the property features sturdy steel windows, durable face brick exterior, and an elevator for ease of access (Wi-Fi availability to be confirmed).
- Secure Environment: Palisade fencing ensures security while providing peace of mind for residents.
Whether you're seeking stable rental income or envisioning future development opportunities, this property presents an exceptional investment prospect in the vibrant enclave of Humewood. Don't miss your chance to capitalize on this prime real estate offering.
52
6483m2
