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R2,290,000

Apartment for sale in Umhlanga Rocks Central

1 Bath
34m²
Furnished
Pool
Backup Power
Studio Apartment For Sale

Experience the epitome of luxury living with this bespoke property investment opportunity at the prestigious Pearls of Umhlanga®. Situated in a location renowned for its exceptional high capital growth, this fully furnished and equipped studio apartment offers a unique chance to build a successful investment property portfolio. ( 7% return on investment) Price includes VAT

The apartment is meticulously designed to the high-quality standards of the Capital Pearls Hotel and comes with a secure 3-year lease from this reputable Hotel group, with an option to extend for a further 3 years. The lease agreement also includes an annual market-related escalation, ensuring a lucrative investment for the future.

Boasting breathtaking ridge-facing views, this apartment offers more than just a living space – it provides a lifestyle. Enjoy the convenience of secure undercover parking, hydrotherapeutic heated pools, 24-hour security, biometric access control, and direct access to the Capital Hotel facilities and Pearls Mall. The mall offers a plethora of amenities including a medical center, pharmacy, gym, spa, retail outlets, and an array of dining options.

The purchase price includes VAT, furniture, equipment, and appliances, making it a hassle-free investment opportunity. Please note that municipal rates will be adjusted on the final purchase price and a once-off Reserve Fund contribution is applicable upon purchase.

Don't miss out on this exclusive chance to secure your investment in one of Umhlanga's most sought-after locations. Invest in luxury, invest in the future at the Pearls of Umhlanga®.

Property Type
Apartment
Bathrooms
1
Building Size
34m²
Living Area
1
Covered Parking
1
Rates & Taxes
R2,067
Levy
R1,220
Pool
Yes
Furnished
Yes
Backup Generator
Yes
Fibre Internet
Yes
Covered Parking
Yes
Garden
Yes
Pool In Complex
Yes
Pearls of Umhlanga
Yes
Corporate Rentals
Yes
Beachfront
Yes
Available From
01 Jun 2024
Reference
1963105
Grade
C2
Pets Allowed
No
Property history
Listed for sale at R2,290,000
04 Jun 2021
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