34 Bedroom Apartment Block For Sale in Uvongo Beach
Prime Investment Property with Spacious Main Residence – Uvongo, South Coast
Asking Price: R16,400,000
Located in Uvongo on the South Coast, just 2 minutes’ drive from the beach and all amenities, this exceptional and well-maintained property offers a rare combination of strong income generation and luxury residential living.
Main House (Private Entrance):
The main residence is separate from the apartments and comprises:
• 6 Bedrooms
• 4 Bathrooms
• Spacious lounge
• Fully fitted kitchen
• Gym
• Private swimming pool
• Entertainment area
• 6 Garages
Perfect for owner occupation, executive rental, or additional income potential.
Apartment Block – Immediate Rental Income:
The property further includes 14 fully tenanted apartments, each offering:
• 2 Bedrooms
• Lounge
• Kitchen
• Lock-up garage
• Pre-Paid Meters
• Borehole
Each apartment currently generates R6,000 per month, excluding water and electricity, ensuring a stable and consistent income stream from day one.
Additional Information:
• Monthly municipal rates: ±R9,000
• Property size: 8,112 sqm
• Prime coastal location with strong rental demand
• Well maintained throughout
• Fully tenanted – no vacancy risk
• Excellent long-term investment potential
This is a turnkey investment opportunity in one of the South Coast’s most desirable areas, combining lifestyle, location, and reliable returns.
Asking Price: R16,400,000
Located in Uvongo on the South Coast, just 2 minutes’ drive from the beach and all amenities, this exceptional and well-maintained property offers a rare combination of strong income generation and luxury residential living.
Main House (Private Entrance):
The main residence is separate from the apartments and comprises:
• 6 Bedrooms
• 4 Bathrooms
• Spacious lounge
• Fully fitted kitchen
• Gym
• Private swimming pool
• Entertainment area
• 6 Garages
Perfect for owner occupation, executive rental, or additional income potential.
Apartment Block – Immediate Rental Income:
The property further includes 14 fully tenanted apartments, each offering:
• 2 Bedrooms
• Lounge
• Kitchen
• Lock-up garage
• Pre-Paid Meters
• Borehole
Each apartment currently generates R6,000 per month, excluding water and electricity, ensuring a stable and consistent income stream from day one.
Additional Information:
• Monthly municipal rates: ±R9,000
• Property size: 8,112 sqm
• Prime coastal location with strong rental demand
• Well maintained throughout
• Fully tenanted – no vacancy risk
• Excellent long-term investment potential
This is a turnkey investment opportunity in one of the South Coast’s most desirable areas, combining lifestyle, location, and reliable returns.
Monthly Rates
R9,000
Features
Interior
Exterior
Sizes
Listing Info
Uvongo Beach, Margate
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
