R 2 950 000
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3 Bedroom Apartment in Simbithi Estate

3 2 2 7.6 ha 163 m²

Ground Floor Investment Opportunity in Simbithi Eco Estate

This well-maintained 3-bedroom apartment in the popular Ilala complex within Simbithi Eco Estate presents an excellent opportunity for investors seeking a secure, tenant-occupied property with reliable returns.

Currently leased to a long-term corporate tenant until April 2026 (with the option to renew for an additional 12 months), this ground-floor unit offers the convenience of a lock-up-and-go lifestyle within one of the North Coasts most sought-after estates.

The open-plan living space includes a lounge, dining area, and breakfast nook flowing seamlessly into a neat, fully fitted kitchen. Large sliding doors lead to a covered wooden patio and open lawn, offering a tranquil garden outlook ideal for relaxed outdoor living. All three bedrooms open onto either the patio or garden, allowing for plenty of natural light. The main bedroom features a full en-suite bathroom, while the second bathroom is shared between bedrooms two and three.

Additional features include:

Ceiling fans throughout

Newly tiled flooring

Ample built-in cupboard space

Aluminium security screens over glass sliding doors

Fibre-ready connection

Double automated garage with extra open parking

The Ilala complex boasts secure access, a communal swimming pool, tennis courts, a clubhouse, and manicured gardens with views across a dam and out to sea. Regrettably, no pets are allowed.

Sectional Title Levy: R1,957.59/month

Whether you''re looking to expand your rental portfolio or secure a foothold in Simbithi Eco Estate, this tenanted property ticks the right boxes.

Contact us today to schedule your exclusive viewing and secure this rare opportunity in Simbithi

Property details

  • Listing number T5095152
  • Property type Apartment
  • Listing date 28 May 2025
  • Land size 7.6 ha
  • Floor size 163 m²
  • Rates and taxes R 1 580
  • Levies R 1 958

Property features

  • Bedrooms 3
  • Bathrooms 2
  • En-suite 1
  • Lounges 1
  • Dining areas 1
  • Garage parking 2
  • Access gate
  • Built in cupboards
  • Club house
  • Pool
  • Security post
  • Walk in closet
  • Entrance hall
  • Kitchen
  • Garden
  • Aircon

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