FEATURED
SOLE MANDATE
Web Ref RL71
FEATURED
Web Ref RL71
R1,350,000
7 Shroshberry Road, Berlin, King Williams Town
Monthly Bond Repayment R14,396.80
Calculated over 20 years at 11.5% with no deposit.
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Ideal Investment Opportunity in Berlin
Discover a unique investment opportunity in the heart of Berlin! This former hotel, now available as a property with immense potential, features five individual units. Each unit is self-contained, offering a kitchen, lounge, bathroom, and bedroom, complete with prepaid electricity and water meters.
Spanning over 4000m², the plot offers ample space for further development, with plenty of undeveloped land ideal for additional units or a larger residential home. While the buildings require some TLC, the necessary updates are minor and present an excellent opportunity to add value.
Situated in a prime location, this property is within close proximity to essential amenities, including the police station, Berlin Pre-Primary, Berlin Primary, and Berlin High School. The existing units are perfect for converting into a hostel, catering to the high demand for bachelor units among factory workers and other professionals who come to Berlin for work.
This property is not only an ideal investment but also a promising venture for those looking to capitalize on Berlin's growing need for affordable, well-located accommodation.
As a dedicated real estate agent, I can assist you in securing pre-approval for a bond with all major South African banks. Don't miss out on this exclusive opportunity—contact me today to schedule a viewing and take the first step towards a rewarding investment.
Spanning over 4000m², the plot offers ample space for further development, with plenty of undeveloped land ideal for additional units or a larger residential home. While the buildings require some TLC, the necessary updates are minor and present an excellent opportunity to add value.
Situated in a prime location, this property is within close proximity to essential amenities, including the police station, Berlin Pre-Primary, Berlin Primary, and Berlin High School. The existing units are perfect for converting into a hostel, catering to the high demand for bachelor units among factory workers and other professionals who come to Berlin for work.
This property is not only an ideal investment but also a promising venture for those looking to capitalize on Berlin's growing need for affordable, well-located accommodation.
As a dedicated real estate agent, I can assist you in securing pre-approval for a bond with all major South African banks. Don't miss out on this exclusive opportunity—contact me today to schedule a viewing and take the first step towards a rewarding investment.
Features
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
5
Kitchen
5
Reception Rooms
10
Furnished
No
Exterior
Garages
4
Security
No
Flatlet
5
Pool
No
Sizes
Land Size
4,047m²
