4 Bedroom Apartment in Point

Exceptional investment opportunity to acquire three fully renovated and fully let apartments in Three South Beach, sold as a bundle only and not separately.

All three apartments are currently generating rental income, making this an ideal investment for an investor looking for an established income-producing property portfolio in a prime beachfront location.

Property Breakdown

3rd Floor: 75 m², 2-bedroom apartment

Rental income: R9,700 per month

4th Floor: 57 m², 1-bedroom apartment

Rental income: R7,000 per month, no parking

10th Floor: 57 m², 1-bedroom apartment

Rental income: R7,500 per month

Total rental income: R24,200 per month

Annual rental income: R2 950 000

Features

Fully renovated throughout

Modern, upmarket finishes

Built-in cupboards in kitchens and bedrooms

Fully tiled bathrooms

Balcony areas

Stunning beachfront and sea views

One parking bay included with two of the apartments

All apartments are fully let and generating rental income

Sold together as one investment package

The apartments are situated in a safe, upmarket and highly convenient location, close to the beachfront, local shops, hospitals, restaurants and other essential amenities.

Available for sale immediately.

This is an excellent opportunity to secure three income-generating apartments in a sought-after beachfront location.

Asking Price: R2,950,000

Kindly contact Theo to arrange a viewing or for further information.