3 Bedroom Apartment in Simbithi Estate
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