A Fantastic opportunity for an investor, a short term rental investment property in Sea Point offering great real time return, that also promises a great long term return on capital growth.
There are 3 bedrooms all with en-suite bathrooms and a guest WC.
3 parking bays! A total area of 188sqm plus 3 balconies total area: 200 sqm
PRICE R7.5m
Newly built, modern, spacious three bedroom apartment situated on the first floor.
The block is Airbnb friendly, which means investors can purchase this unit in a juristic entity and recoup the transfer duty as input VAT if purchasing for a short term rental business.
One of nine units in the whole block.
You could always rent two parking bays out if you don’t need these, for an extra income of around R4,000 per month too.
Wooden floors throughout, inverter to ensure back up power.
Pet friendly!
Levies: +-R4,500
Rates: +- R5,000
https://youtu.be/GrppgpTpYxA?si=xNpOQas6xmJ_Fo25
