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.
Disclaimer: While every effort has been made to ensure the accuracy of the property's details and images, the agent and seller accepts no responsibility or liability for any errors or omissions.
Property Features
Key Features
Bedrooms28
Bathrooms28
Erf Size8 152 m²
Interior
Lounges14
Dining Areas14
Kitchen
Furnished
Exterior
Swimming Pool
Built-in Braai