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1 Bedroom Apartment For Sale in Point Waterfront
R 1,345,000
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4 months ago289 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Parking:Garage
Description
FANTASTIC RENTAL INVESTMENT OPPORTUNITY!!!!
INVEST IN A UNIQUE LIFESTYLE OPPORTUNITY ... THE CHOICE IS YOURS.
1 BEDROOM APARTMENT FOR SALE - INCLUDES FURNITURE!!
Fantastic up-and-running Airbnb type investment opportunity, located in prime Durban holiday destination. It currently has a permanent tenant in place, if required, or alternatively, convert it into a full blown, lucrative holiday letting apartment, managed by a reputable national holiday and corporate management company.
There is also the opportunity to live in this stylish apartment yourself and enjoy the benefits of living in this sought after and safe, prestigious area of Durban. The choice is your!!
THE DETAILS
Purchase this spectacular apartment, at only R1,345 million, fully furnished
This full equipped, luxury 1 bedroomed apartment, on the 20th floor of the prestigious Spinnaker apartment block, is located in Durban's prime uShaka tourist area, on the doorstep of the Point Waterfront.
The apartment is fully equipped with furniture, appliances & sets of crockery, cutlery, TV & aircon.
Beautifully furnished, the unit is fully stocked with mod furniture and fittings, double beds and a sleeper couch, as well as high speed fibre connectivity and everything else to make a guests stay more comfortable.
There is one internal basement parking bay for the unit.
THE OPPORTUNITY
Apartments is sold with its entire contents !
Currently active as a medium term rental, with a tenant in place . However, short term letting, to holiday and business clients, is a definite option in this great investment apartment, which offers magnificent panoramic, harbour , Berea and city views..
This purchase allows you to seamlessly retain the current tenant, or alternatively, give him 3 months notice to vacate and move in yourself.
Another lucrative option would be convert the apartment into a full time holiday letting apartment and start running a busy and highly successful, Airbnb type rental operation, from transfer onwards.
RENTAL & MANAGEMENT OF THE UNIT
Should you move to the holiday letting investment opportunity, you could choose whether to manage the bookings yourself through the many online portals available, or alternatively, I could introduce you to a reputable national holiday and corporate management company, that will look after everything for you, from securing the clients for you, to the co-ordinating of the bookings, plus the daily management and cleaning of your apartment.
Sit back and enjoy this one-stop service and reap the rewards monthly with your portion of the monthly income being paid directly by the management company to you, within the first 5 days of each month.
The short term rental income has historically provided enough to more than cover management fees, bank loan, rates, levies and high speed fibre internet (already installed), plus it could give you additional funds in your pocket..
PROPERTY FEATURES :
The apartment includes the following:
-...
Property Reference #: RL1260
Agent Details:
Craig Murphy
Point Waterfront Realty
Shop G-01 The Sails
14 Timeball Boulevard
Point Waterfront
Durban
4001
INVEST IN A UNIQUE LIFESTYLE OPPORTUNITY ... THE CHOICE IS YOURS.
1 BEDROOM APARTMENT FOR SALE - INCLUDES FURNITURE!!
Fantastic up-and-running Airbnb type investment opportunity, located in prime Durban holiday destination. It currently has a permanent tenant in place, if required, or alternatively, convert it into a full blown, lucrative holiday letting apartment, managed by a reputable national holiday and corporate management company.
There is also the opportunity to live in this stylish apartment yourself and enjoy the benefits of living in this sought after and safe, prestigious area of Durban. The choice is your!!
THE DETAILS
Purchase this spectacular apartment, at only R1,345 million, fully furnished
This full equipped, luxury 1 bedroomed apartment, on the 20th floor of the prestigious Spinnaker apartment block, is located in Durban's prime uShaka tourist area, on the doorstep of the Point Waterfront.
The apartment is fully equipped with furniture, appliances & sets of crockery, cutlery, TV & aircon.
Beautifully furnished, the unit is fully stocked with mod furniture and fittings, double beds and a sleeper couch, as well as high speed fibre connectivity and everything else to make a guests stay more comfortable.
There is one internal basement parking bay for the unit.
THE OPPORTUNITY
Apartments is sold with its entire contents !
Currently active as a medium term rental, with a tenant in place . However, short term letting, to holiday and business clients, is a definite option in this great investment apartment, which offers magnificent panoramic, harbour , Berea and city views..
This purchase allows you to seamlessly retain the current tenant, or alternatively, give him 3 months notice to vacate and move in yourself.
Another lucrative option would be convert the apartment into a full time holiday letting apartment and start running a busy and highly successful, Airbnb type rental operation, from transfer onwards.
RENTAL & MANAGEMENT OF THE UNIT
Should you move to the holiday letting investment opportunity, you could choose whether to manage the bookings yourself through the many online portals available, or alternatively, I could introduce you to a reputable national holiday and corporate management company, that will look after everything for you, from securing the clients for you, to the co-ordinating of the bookings, plus the daily management and cleaning of your apartment.
Sit back and enjoy this one-stop service and reap the rewards monthly with your portion of the monthly income being paid directly by the management company to you, within the first 5 days of each month.
The short term rental income has historically provided enough to more than cover management fees, bank loan, rates, levies and high speed fibre internet (already installed), plus it could give you additional funds in your pocket..
PROPERTY FEATURES :
The apartment includes the following:
-...
Property Reference #: RL1260
Agent Details:
Craig Murphy
Point Waterfront Realty
Shop G-01 The Sails
14 Timeball Boulevard
Point Waterfront
Durban
4001
Id Subtitle 1252468531
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Estimated monthly repaymentR 14,576
Total property loan amountR 1,345,000
Total interestR 2,153,207
Total repaymentR 3,498,207
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Point Waterfront Realty
Selling for 2+ years
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