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85m² | 2 Bedroom | 2 Bathroom | Fully Furnished | Income Generating Opportunity

R 750,000

Can I afford this?
8 months ago371 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):85
Parking:Garage
Description
Discover this spacious, 85m², fully furnished 2-bedroom, 2-bathroom apartment in a highly sought-after complex right on Margate North Beach. With a balcony that offers breathtaking views of the vast ocean and direct beach access, this property is a prime investment opportunity for holiday letting.

The complex is popular among large groups and offers a wealth of amenities, including in-house letting services, ample braai and entertainment spaces, mini golf, a boma area overlooking the sea, a large swimming pool, an indoor entertainment space, and a conference room. Convenience is key, with lifts available and backup water tanks ensuring comfort at all times.

With the potential to benefit fully from the high demand for holiday accommodation, this unit could easily pay for itself, generating profit through holiday rentals. Levies cover water and lights, making this an even more attractive investment.

Don’t miss out on this rare opportunity!
Contact us for a viewing.

Has Pool
Property Reference #: RPP1031037

Agent Details:
Monnique Williman
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321

Id Subtitle 1319158404
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Estimated monthly repaymentR 7,615
Total property loan amountR 750,000
Total interestR 1,077,413
Total repaymentR 1,827,413
Interest rate at 10.75% for 20 years *
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