Seaside investment in South Beach offering worry-free, long-term tenants and easy-care living in a well-managed block with built-in cupboards — two bedrooms, one bathroom.
South beach Two-bedroom flat with long-standing, reliable tenants who have been in occupation for over five years and have maintained an excellent payment record — making this a secure and attractive investment opportunity.
Situated in a well-managed and well-maintained block overseen by a dedicated, no-nonsense supervisor, this property offers peace of mind for investors. Both bedrooms are fitted with built-in cupboards. The kitchen includes a fitted hob (no oven) and offers functional space for everyday living. The bathroom is equipped with a bath, basin, and toilet.
A solid addition to any property portfolio.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R450,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 28 listings in South Beach
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 22% below the median. Floor size is 23% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
28 similar listings
Medium similar-home inventory in South Beach
Median time on market: 181 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
South Beach offers a vibrant, high-energy coastal lifestyle characterized by iconic beachfront apartment living, immediate access to the Indian Ocean, and a bustling urban atmosphere.
* Distances and amenities are approximate.