R11,550,000
Monthly Bond Repayment R119,217.75
Calculated over 20 years at 11.0% with no deposit.
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Neat and Modern Investment Opportunity – A Prime Income-Generating Opportunity
Discover this exceptional, modern-styled building that presents a rare and lucrative investment opportunity. With 14 well-designed residential units, the property boasts an impressive occupancy rate nearing 100%, supported by existing lease agreements. Ideal for investors seeking a stable and consistent income stream, this property offers the added benefit of potential for long-term growth and portfolio enhancement.
Each of the 14 units is thoughtfully designed for comfort and convenience. Modern finishes and stylish layouts make these apartments attractive to tenants, ensuring high demand and minimal vacancy rates. Each unit features its own private balcony, offering residents an outdoor retreat with views that enhance their living experience.
Convenience is key, and this property delivers with 14 dedicated undercover parking bays, ensuring secure and hassle-free parking for tenants and visitors. Additionally, the fully walled perimeter provides enhanced security, giving peace of mind to both residents and investors.
The property is further enhanced by excellent communal amenities. A sparkling swimming pool and braai area create a welcoming space for relaxation and entertainment, fostering a sense of community and increasing tenant satisfaction. These features also add value to the property, making it a highly desirable place to live.
Strategically positioned, the building is situated in a prime location, offering easy access to essential services, schools, shopping centers, and public transportation. This accessibility makes it appealing to a wide range of tenants, contributing to its solid income-generating potential.
For investors, this property represents a secure and rewarding opportunity. With a strong existing income stream and additional potential for improvements or upgrades, it offers a pathway to growing your portfolio while ensuring steady returns. Whether you’re a seasoned investor or just starting, this property combines modern appeal, practicality, and profitability.
Don’t miss out on this exceptional opportunity to acquire a high-quality, income-generating property with promising potential. Contact us today to arrange a viewing and take the first step toward securing your future investment!
Each of the 14 units is thoughtfully designed for comfort and convenience. Modern finishes and stylish layouts make these apartments attractive to tenants, ensuring high demand and minimal vacancy rates. Each unit features its own private balcony, offering residents an outdoor retreat with views that enhance their living experience.
Convenience is key, and this property delivers with 14 dedicated undercover parking bays, ensuring secure and hassle-free parking for tenants and visitors. Additionally, the fully walled perimeter provides enhanced security, giving peace of mind to both residents and investors.
The property is further enhanced by excellent communal amenities. A sparkling swimming pool and braai area create a welcoming space for relaxation and entertainment, fostering a sense of community and increasing tenant satisfaction. These features also add value to the property, making it a highly desirable place to live.
Strategically positioned, the building is situated in a prime location, offering easy access to essential services, schools, shopping centers, and public transportation. This accessibility makes it appealing to a wide range of tenants, contributing to its solid income-generating potential.
For investors, this property represents a secure and rewarding opportunity. With a strong existing income stream and additional potential for improvements or upgrades, it offers a pathway to growing your portfolio while ensuring steady returns. Whether you’re a seasoned investor or just starting, this property combines modern appeal, practicality, and profitability.
Don’t miss out on this exceptional opportunity to acquire a high-quality, income-generating property with promising potential. Contact us today to arrange a viewing and take the first step toward securing your future investment!
Features
Pets Allowed
No
Interior
Bedrooms
32
Bathrooms
18
Kitchen
14
Reception Rooms
28
Furnished
No
Exterior
Security
No
Parkings
14
Flatlet
14
Domestic Accomm.
14
Pool
Yes
Sizes
Land Size
1,896m²
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Uvongo, Margate
Uvongo is a charming seaside resort town situated along the KwaZulu-Natal South Coast at the mouth of the Vungu River in KwaZulu-Natal, South Africa. Here are some fascinating details about Uvongo:Natural Beauty and Waterfall:Uvongo Beach is considered one of the most beautiful beaches along the Hibiscus Coast. It boasts a sub-tropical climate and is sheltered by towering cliffs.The town’s name, “Uvongo,” is derived...
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