Commercial Property in Mount Croix For Sale

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23 Eastbourne Road, Mount Croix, Gqeberha

Description

Solid Income-Generating Block of Flats with Excellent Rental Appeal

This well-maintained and fully walled block of flats presents an outstanding investment opportunity, offering strong rental income with future growth potential.

The property comprises eight spacious apartments, each approximately ±100m², complemented by three additional bachelor units positioned at the rear of the property. The unit mix provides a diverse rental profile, appealing to long-term tenants and maximizing occupancy.

Access to the property is secure and well managed, with parking available at the back via an electric gate, ensuring convenience and safety for tenants. In addition, the property includes two garages as well as separate storage facilities, adding further value and functionality.

The entire property is fully walled, enhancing privacy and security. A major capital improvement has already been completed, with a new roof fitted approximately three years ago, significantly reducing future maintenance costs and providing peace of mind for the next owner.

The building is solidly constructed, well positioned, and ideally suited for an investor seeking:

• Reliable rental income

• A multi-unit asset with scale

• Low immediate maintenance requirements

• Long-term capital appreciation

This is a rare opportunity to acquire a substantial residential income property with established infrastructure, secure access, and proven rental demand

TIADOR 150 CC trading as REMAX Independent Properties (Lorraine) operates in terms of a franchise agreement with REMAX of Southern Africa.

Alex Wolmarans
Alex Wolmarans
REMAX Independent Properties (Lorraine)
Sales Associate
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TIADOR 150 CC trading as REMAX Independent Properties (Lorraine) operates in terms of a franchise agreement with REMAX of Southern Africa.