404m² Building For Sale in Green Point

R8,950,000

23 Antrim Road

Web Ref No CL9014

Exciting Investment Opportunity For Sale in Green Point

Ex Guest House/Student Accommodation has now come onto the market. The building is very well located just off Green Point's main road. Used to form part of an international language school and housed their students. Rental income per month easily saw over the R100 000 mark ex VAT (excluding a property management fee of R35 000 ex VAT).

Erf size: 537sqm, Floor Size: 404sqm.
Zoning: GR4

Property Features:

- 13 Bedrooms (Can accommodate up to 39 beds)
- Reception, dining area, lounge and large kitchen
- Balcony with views
- Courtyard with Pool
- 6 Parking Bays

Asking Price: R10 700 000

Features

Open Parkings 6
Zoning Commercial
Monthly Rates R10.00pm Excl. VAT
Monthly Levy R10.00pm Excl. VAT
Floor Size 404m²
Air Conditioning Yes