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Guest House for sale in Isipingo Beach

R15,000,000
2,550m²
Guest House For Sale In Isipingo Beach

Prime Commercial Property For Sale

R15 000 000.00 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.

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
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