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6 Bedroom Apartment Block For Sale in Kleinmond Central

R1,950,000

113 10th Avenue

Monthly Bond Repayment R19,796.96
Calculated over 20 years at 10.75% with no deposit.

Web Ref No TPR24430

Income generator

With the acute scarcity of long-term rental accommodation in Kleinmond, here is the answer: A superb rental investment.
The complete building comprises four apartments. Numbers 1 and 4 of these are two-bed/one-bath units, while 2 is a one-bed/one-bath unit. The 3rd unit has no formal bathroom. Both smaller units are linked by a doorway to the larger units, meaning the apartments could be mixed and matched to turn them into spacious multi-bed units to suit the space requirements of individual tenants, and hence the income stream. Of course, it could also be used as a family home with various sections for individual members of an extended family. Part could be used by a family and the rest tenanted.
The seller has gone to great lengths to ensure that the building is structurally in good shape. Plans are up to date and compliance certificates for plumbing, electrical etc. are already in place.
The property of 1015sqm is located close to a primary school and shopping amenities, and is walled on all sides. Hot water supply is by solar geyser for all units, all windows and doors are secured, and the ample yard allows for plenty of parking and recreation space, including braai facilities.

Why this property?
- Unbeatable price
- Rental opportunity
- All compliances already in place
- Ample yard space for extension


About Kleinmond
Kleinmond is located in the Overstrand Municipality and considered one of the best-run councils in the country. It receives clean audits year after year. As testament, it boasts a water quality index of 99.9%.
As a popular zoom town, Kleinmond has all the amenities needed for comfortable modern living, whether you are actively working, considering slowing down, or investing in a holiday or buy-to-rent home. There are several doctor’s rooms, dentists, pharmacies, vets, filling stations, thrift stores, vehicle maintenance and repair workshops, several clinics, two primary schools, businesses catering for electronics, printing, clothing, crafts, furniture, building material and hardware, and plumbers and electricians, as well as several small shopping centres. Every conceivable service is on hand, all situated mere minutes from your residence, including a medical emergency ward in Harbour Road managed by MediClinic.
For absent owners, several businesses attend to home security, garden, and structural maintenance, and cleaning. Of course, it is also home to a plethora of tourism-related amenities and activities, as well as a world-class golf course and the Harbour Road entertainment strip.
Kleinmond is just over an hour’s drive from the Cape Town airport, 45 minutes to Somerset West, and 30 km from Hermanus.
The availability of property in Kleinmond is finite. The town is situated in the heart of the Kleinmond Coastal and Mountain Reserve, itself part of the greater Kogelberg Nature Reserve. Bordered by estuaries and wetlands both east and west, a mountain range to the north and the ocean to the south, the town’s borders are fixed, with no room for expansion. The result is that only existing open land can be developed, or existing structures upgraded.

Features

Bedrooms 6
Security Yes
Bathrooms 4
Recep. Rooms 8
Study 2
Floor Size 250m²
Land Size 1,015m²
Carports/Parkings 6
Pets Allowed Yes
Monthly Rates R640.00
Extras

Communal Braai Area
Secure Parking
Solar Heating
East
Mountain View

Agent Contact Details

Francois Rabe
Tyson Properties Overstrand

Cell 083 303 3535
Office (061) 1125346
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