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R1,600,000 | 1 Bedroom Apartment Block For Sale in Ballito Central

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R1,600,000

Monthly Bond Repayment R15,974.07
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R7,000
Monthly Rates
R700

TWO-UNIT INCOME-GENERATING INVESTMENT | SUN & SURF *CASH BUYERS ONLY*

CURRENT SHORT-TERM LEASES | COASTAL INVESTMENT | INCOME FROM DAY ONE

An excellent opportunity to acquire two investment units at Sun & Surf, both currently operating with short-term leases in place.

For an investor, this offers the advantage of purchasing an established short-term rental proposition rather than starting from scratch. The units are already being utilised for short-term accommodation, providing an opportunity to acquire an income-producing property while retaining the potential to improve and enhance the units over time.

THE INVESTMENT

Both units offer practical accommodation within the Sun & Surf complex, with access to the communal swimming pool and surrounding outdoor areas.

The interiors are functional and well maintained, while also offering scope for future cosmetic improvements and modernisation. An investor can therefore acquire the existing income-producing setup while considering upgrades that could further enhance the guest experience and rental appeal.

KEY INVESTMENT FEATURES

• Two groundfloor units offered as an investment opportunity
• Current short-term leases in place
• Existing income-generating rental model
• Suitable for the short-term holiday accommodation market
• Communal swimming pool
• Secure complex environment
• Functional kitchens and bathrooms
• Fitted cupboards
• Outdoor garden areas
• Opportunity to modernise and add value
• Established rental operation with potential for future growth

*** Transfer Duties Applicable ***

Features

1
1
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Parkings
1
Pool
Yes
Scenery/Views
Yes
Extras 24 Hour Access
1
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