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Van Ryneveld, Van Ryneveld, Strand, Western Cape
R 2 999 000
Great Investment Opportunity!!! 3 X Beautiful fully furnished, 1 Bedroom Apartments within 100m walking distance from Strand Beach!!! Property Highlights: Prime Location - within 100m walking distance from the golden sands of Strand Beach. 3 X 1 Bedroom Apartments - All fully furnished, Stylish finishes, tiled floors, open plan kitchens and modern bathrooms. Secure building with 6 X vehicle parking garage with automated garage door and access from inside the building to the apartments. Fully tenanted with permanent rental contracts in place. Strand is a popular coastal destination with strong rental yields and capital growth. Strand is also a thriving coastal town for its clean beaches, water sports and relaxed lifestyle. These apartments offer an excellent opportunity for investors seeking consistent rental income. The 6 X Vehicle garage includes an additional bathroom and kitchen which can be converted into a 4th apartment for additional rental income or for the investors holiday or weekend getaway. The Apartment Block is situated in a convenient location within walking distance to all local amenities. This is definitely a great prospect in the area. Please call me to arrange for a viewing.
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
Nomvula Kruger
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