6 Bedroom Sectional Title For Sale in Three Anchor Bay

R12,995,000

Monthly Bond Repayment R140,827.73
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL53782

EXPANSIVE RESIDENTIAL PROPERTY IN PRIME THREE ANCHOR BAY

Superb opportunity awaits to develop this 1351 sq m Art Deco property on the Atlantic Seaboard to realize its full potential .Offering easy access to the V&A Waterfront, the City Centre and N1/N2, this prime property, spread over three floors, can be lived in as it is or converted into a number of smaller flats. Previously used by the NSRI, the building currently offers a basement which comprises of 5 storerooms, parking for 6 to 10 cars, communal bathrooms. Separate Bachelor apartment and secure parking for another 5 cars. 1st Floor comprises of a reception area, numerous offices, a boardroom/dining area with flow to large veranda. Storerooms, kitchen and staff canteen. Sweeping spiral staircase leads to 2nd floor comprising of numerous offices and a large patio with views. The first and second levels were the original living areas. The property is zoned General Residential GR4 and there are a number of options for the future of the building. * Convert the existing Section into a number of smaller flats, covert the Section and add the remaining permissible floor space to the building or apply for one of the permissible consent uses. Detailed plans and a Town Planners report available. Contact Graeme Smith for further details and a viewing appointment.

Features

Bedrooms 6
Security Yes
Bathrooms 3
Flatlet 1
Recep. Rooms 3
Study 1
Floor Size 1,352m²
Garages 10
Carports/Parkings 5
Pets Allowed Yes
Monthly Rates R7,500.00
Monthly Levy R10,296.47