This property comprises a prime beachfront investment situated on Strand’s Beach Road along the Golden Mile. The asset includes five fully furnished two-bedroom units, three of which benefit from uninterrupted sea views, together with a main house offering three spacious, sea-facing bedrooms. The improvements are well configured to maximise views, functionality, and usability, supporting both short-term holiday accommodation and long-term residential letting. The flexible layout allows the accommodation components to be managed individually or collectively, providing diversified and sustainable income potential.

The interiors are bright and well appointed, featuring modern finishes, open-plan layouts, and large windows that maximise natural light and ocean outlook. Each unit is fully furnished with equipped kitchens, neat bathrooms, and contemporary fittings suitable for immediate occupation. The main house adds generous shared areas and enhances operational flexibility. The property is turnkey-ready, well maintained, and includes solar panels and inverters, contributing to reduced operating costs. Secure off-street parking further enhances convenience for residents and guests.

Generating a gross annual income of R1,965,600, the property is positioned on a highly sought-after stretch of Strand’s beachfront promenade, offering direct access to the beach, safe swimming areas, and an active coastal environment. The site further benefits from available bulk of approximately 1,693.5 m², presenting potential for future development.

Key Features:

• Gross annual income: R1,965,600

• Fully furnished, turnkey beachfront investment

• Five two-bedroom units and a main house with three sea-facing bedrooms

• Uninterrupted ocean views and direct beach access

• Solar panels and inverters for energy efficiency

• Secure off-street parking

• Erf Number: 1172 | Erf Extent: 677.4 m² | GLA: 519 m²

• VAT Registered: Yes | Monthly Rates: ±R3,166.04

Auction Terms & Buyer Information:

• Buyer Costs: 16.5% payable on auction day (10% commission + VAT + 5% deposit)

• Registration Fee: R50,000 (live bidders) | R100,000 (online/telephonic bidders)

All bids constitute a legally binding offer. The highest bidder must sign the Auction Sale Agreement immediately upon the fall of the hammer. The sale is subject to a reserve price unless stated and is sold voetstoots, as-is, with no warranties or guarantees. Valid FICA documentation is required prior to registration.

1 property listing in Strand Central, Western Cape.

POA

519 m²