Property

Ownership: For Sale
Type: Condo
Bedrooms: 4 BR
Bathrooms: 4.5
Lot Size: 0.24 Acres

Financials

Price: $1,400,000

Description

Calling all entrepreneurs and developers – this is a fantastic investment opportunity! This is a unique chance to acquire a stand alone building comprising four one-bedroom units located within the flourishing Lambert Bay Beach Resort (Wyndham). These income generating apartments lend themselves to successful long and/or short-term rental. With views of the resort, pool and beach beyond this is an idyllic setting. There are currently four apartments, two on the upper level and two on the lower level. There is the potential to make the two upper level units a single home and one of the units has two full bathrooms giving the easy option of making a fifth smaller unit. There is also the option to subdivide each of the units and sell them separately. All apartments have one bedroom and a separate living room and kitchen. All bedrooms have air conditioning and laundry facilities, either directly or shared. The resort offers bars, a restaurant, a spa, tennis court and vast swimming pool. The resort is going from strength to strength and has become a much love base for business travellers and holiday makers alike. The units are already generating an income and with some minor upgrades they would become a very credible and secure investment providing a strong return. Viewings by appointment.

Key Features

Excellent investment opportunity

Revenue generating

4 x one-bedroom apartments / condos

Located within a high performing resort

Beach / pool two minutes walk

Allocated parking

Gated community

Amenities

  • Pool

Neighborhood

More listings:

Lambert Beach Condos


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.