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Sibaya Precinct, Sibaya Precinct, Umhlanga, KwaZulu-Natal
R 3 105 000
NO TRANSFER DUTY Welcome to Apartment E108 — one of the developer-held units, carefully retained and meticulously upgraded with modern appliances and contemporary furnishings to ensure the apartment remains aligned with current design trends. This exceptional 3-bedroom apartment is a proven Airbnb performer, boasting consistently high occupancy rates and a 3-year rental return track record with an impressively strong ROI. The Development: Coral Point Completed in 2019 by the award-winning developers FWJK, Coral Point is a prestigious residential development comprising 152 apartments and an impressive range of lifestyle amenities. Residents enjoy a large swimming pool and entertainment area, complete with braai and pizza oven facilities, a well-equipped gym, laundry and drying area, and direct access to the Sibaya Coastal Forest trails, leading to the pristine beachfront where coastal forest meets the Indian Ocean. Prime Location Coral Point is ideally positioned within the highly sought-after Sibaya Precinct, located between Umdloti and Umhlanga, offering quick and direct access to the M4. The development is just 600 metres from the renowned Sibaya Casino and the newly completed flagship Checkers store, ensuring exceptional convenience and entertainment right on your doorstep. The Apartment This first-floor corner unit is perfectly positioned on the edge of the Sibaya Coastal Forest, offering a tranquil and picturesque setting. Elegantly styled in a coastal chic theme, the apartment features high-quality finishes and carefully selected furnishings. It may be purchased fully furnished, allowing for a seamless transfer and immediate rental income. Investment Opportunity With approximately R40,000 in confirmed bookings already secured, this apartment offers a reliable and attractive return on investment from the moment of transfer.
Estimated monthly repayment
R 29 321
on a R 2 794 500 bond over 20 years at 11.25%
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Sibaya Precinct, Sibaya Precinct, Umhlanga, KwaZulu-Natal
Fair-value check
Good valuePriced 31% below comparable 3-bed apartments for sale in Sibaya Precinct
Based on 85 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Deon Mokoena
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