Fantastic Investment Property - 14 Self-Catering units for sale
This 8152m² property, located in the Central Business District of Jeffreys Bay and close to Jeffreys Bay main beach, features 14 self-catering units.
The property is currently being run as a Time Share Scheme (14 Units X 52 Weeks = 728 lettable weeks/Annum). On offer is an 80% share in the Company owning the property. The remaining 20% shares in the company are individually owned by various other time-share owners.
The current turnover is approximately R1.5mil /Annum and this is achieved without formal marketing and exposure on mainstream self-catering platforms.
The 14 units are identical and each feature the following:
- Open Plan Lounge / Kitchen / Dining
- Open-air deck (Most offering good sea views)
- Built-in braai
- 2 Bedrooms
- 2 Bathrooms (main en-suite)
- Fully furnished
The property typically caters for families looking for laid-back self-catering holidays at the beach, therefore the accommodation appeals to a large portion of the holiday market.
From a Return-On-Investment point of view, this property certainly offers fantastic potential.
For more information or to book a viewing, please connect with us.
Property Features
Key Features
Bedrooms28
Bathrooms28
Erf Size8 152 m²
Interior
Lounges14
Dining Areas14
Kitchen
Furnished
Exterior
Swimming Pool
Built-in Braai