This fantastic property in Manaba Beach offers an excellent investment opportunity with endless potential. Zoned MIXED IMPACT USE, it provides the flexibility to be utilized for various purposes, including a B&B, self-catering units, professional offices, or long-term rentals. Situated just behind Manaba Spar, it offers a superb location close to industrial and commercial hubs, and is only one block from Marine Drive, making it a prime spot for business or leisure use.
The property consists of 5 self-contained homes on a spacious 1974 square meters, each with its own kitchen, bedrooms, bathrooms, and private entrances. This ensures complete independence and privacy for tenants or guests. Additionally, the property features two road entrances, seven garages, and ample parking space. The
functional swimming pool is not in use but is in good condition with no visible cracks. While the property needs some general maintenance and TLC, it generates just under R30,000 monthly from permanent tenants, making it an immediate income generator. Priced to sell as the owner is relocating, this property presents a rare chance to invest in a versatile and high-potential location.
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