Seaside lock-up-and-go apartment steps from Melkbaai Beach, ideal for holiday letting with uninterrupted sea views, light open-plan living, two bedrooms, two baths and covered parking.
Positioned just a few blocks from the beach, this beautifully renovated 2-bedroom apartment at The Palms offers a compelling opportunity for investors and buyers seeking a versatile holiday property with proven income potential.
With Airbnb permitted, this apartment is ideally suited for short-term letting, capitalising on consistent holiday demand in the Strand. At the same time, strong long-term rental demand in the Helderberg area provides a reliable fallback, making this a well-balanced investment.
The apartment features uninterrupted sea views and a well-designed open-plan layout. A modern kitchen flows seamlessly into a light-filled living area, creating an inviting space for guests and residents alike. Both generously sized bedrooms include en-suite bathrooms and private corner balconies, offering added privacy and an enhanced guest experience.
Located in a secure, well-maintained complex, the property includes access to a swimming pool, braai and entertainment areas, underground parking, and lift access—key features that appeal to both holidaymakers and long-term tenants.
Within walking distance of popular Melkbaai Beach, this is a true lock-up-and-go coastal asset, perfectly positioned to generate income while offering effortless seaside living.
Listed for sale at R1,995,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 24 listings in Strand (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 29% above the median.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 19,584 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
24 similar listings
Medium similar-home inventory town-wide (Strand)
Median time on market: 79 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
Strand North offers a relaxed coastal lifestyle with convenient access to amenities and stunning views of False Bay, making it ideal for families and retirees alike.
* Distances and amenities are approximate.