10 Bedroom House For Sale in Forest Downs

R2,200,000

5878 Umdoni Downs Street

Monthly Bond Repayment R23,461.45
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL30862

Large Multi-Unit Property in Port Alfred – Investment Opportunity

Exclusive Mandate! Discover this expansive, partly completed property located in the serene Forest Downs of Port Alfred. With 9 separate living areas, this versatile investment is full of potential! The main, spacious ground-floor unit features a comfortable living room, an open-plan kitchen, two bedrooms, and a bathroom. Two additional units, one upstairs and one downstairs, each offer a generous living area, one bedroom, and a bathroom. Six further units each consist of a living area, one bedroom, and a bathroom.

The property is already connected to electricity and a conservancy tank in place. Currently, only one unit has been connected to electricity and plumbing, with the remaining units awaiting completion. The boundary wall encloses two sides of the property, while the rest is secured with fencing. Please note, there are deviations from the approved building plans, and rezoning approval will be required. Don’t miss out on this fantastic opportunity! Call today to explore what this property has to offer.