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Van Ryneveld, Van Ryneveld, Strand, Western Cape
R 2 999 000
An exceptional investment opportunity awaits in the heart of Strand, offering three beautifully appointed and fully furnished one-bedroom apartments just a short 100m stroll from the beachfront. This income-generating property presents the ideal blend of location, convenience and long-term value. Each of the three apartments has a contemporary design with modern finishes, tiled flooring, open-plan kitchens and stylish bathrooms, creating comfortable and attractive living spaces for tenants. All units are fully furnished and currently tenanted with permanent rental agreements in place, providing immediate and reliable rental income from day one. The property is set within a secure building and includes a spacious six-vehicle garage with an automated door and direct internal access to the apartments, offering both practicality and peace of mind. Adding even more value, the garage area also includes storage space, bathroom facilities and the option to create an additional apartment – ideal for staff accommodation. Located within walking distance of Strand’s popular beachfront and close to shops, restaurants and everyday amenities, this property is perfectly positioned to attract long-term tenants and holidaymakers alike. Strand remains one of the Cape’s most sought-after seaside towns, known for its beautiful beaches, relaxed lifestyle, water sports and strong demand for rental accommodation. Whether you are expanding your investment portfolio or looking for a versatile coastal property with excellent income potential, this is a rare opportunity not to be missed.
Estimated monthly repayment
R 28 320
on a R 2 699 100 bond over 20 years at 11.25%
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Van Ryneveld, Van Ryneveld, Strand, Western Cape
Listed by
Pieter Makhanya
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