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Apartment For Sale in Strand Central

R1,215,000

62 SS PANORAMA FLATS AND CENTRAL COURT, 38 Terhoeven Street

Monthly Bond Repayment R12,957.12
Calculated over 20 years at 11.5% with no deposit.

Web Ref No SIR113138

Exceptional Investment Opportunity

We are pleased to present an outstanding investment opportunity with this modern bachelor apartment, currently generating stable rental income through secured tenants until September 2025. This stylish and fully furnished apartment is an ideal addition to your portfolio, offering long-term income potential and excellent value.

The property boasts a range of high-end features, including a private cinema room, and comes fully equipped with all necessary furnishings and fittings. The apartment is located within a well-managed, secure complex, ensuring a safe and comfortable living environment for tenants. Its prime location near the beach, as well as popular restaurants and shopping centers, makes it highly desirable for both residents and future potential guests.

One of the key highlights of this investment is the breathtaking sea views, offering unparalleled vistas and sunsets that add immense value to the property. This is a rare opportunity to own a piece of real estate that not only provides strong, consistent rental income but also offers the prospect of continued growth in an area with high demand.

The property was previously operated as a successful Airbnb, and there is significant potential for the future owner to continue this business model after the lease term ends. Whether you are looking for a property with reliable cash flow or a versatile space with potential for future short-term rentals, this apartment presents a unique and lucrative opportunity. Water included in Levies

Features

Security Yes
Bathrooms 1
Recep. Rooms 1
Floor Size 49m²
Garages 1
Furnished Yes
Monthly Rates R103.00
Monthly Levy R1,875.00
Extras

Bachelor Studio
Bath
Basin
Built in Wardrobes
Complex
Dishwasher Connection
Double Bed
Fridge
Lifts
Near Mini Bus Service
Open Plan Kitchen
Oven & Hob
Projector
cinema room
Underground Parking
Secure Parking
TV
washing machine
coffee machine
Air Conditioner
Fireplace
gas cylinder
sound system
humidifiers
Blinds

Agent Contact Details

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