3 Bedroom Apartment For Sale in Compensation Beach
R2,973,000
Monthly Bond Repayment R32,218.61
Calculated over 20 years at 11.75% with no deposit.
Web Ref No RL7954
SEA VIEWS AND MORE.... EXCELLENT HOLIDAY LETTING APARTMENT.... INCOME GENERATING...
This holiday apartment is a fantastic investment opportunity, particularly if you're seeking to generate rental income while also enjoying a seaside retreat. Here's a breakdown of its key features and benefits:
Location: The apartment is ideally situated close to the ocean, just 260 meters away. This proximity to the beach makes it attractive for holidaymakers seeking a coastal getaway.
Accommodation: The apartment offers three spacious bedrooms, each equipped with air conditioning for comfort. This setup allows for ample relaxation space during stays. Additionally, there are two bathrooms, including a main en suite, providing convenience and privacy for guests.
Living Space: The open plan living area is designed to be welcoming and conducive to gatherings. It seamlessly connects with a fully fitted and equipped kitchen, making it easy to entertain friends and family.
Outdoor Features: A highlight of this property is the charming patio that opens from the living area, offering ocean views. This outdoor space is perfect for enjoying the coastal ambiance and alfresco dining.
Additional Amenities: The property includes secure parking with a single lock-up garage, ensuring convenience and safety for residents. Ample visitor parking is also available. There's a well-maintained pool and braai (barbecue) area, enhancing the recreational options for guests.
Rental Potential: This apartment is described as a highly sought-after holiday rental, indicating strong potential for generating rental income. Being sold fully furnished and equipped further enhances its appeal to potential renters.
Investment Opportunity: For buyers looking to invest in a property that can serve as both a personal retreat and a rental income generator, this apartment ticks both boxes. Its location, amenities, and rental history make it a promising investment.
In summary, this holiday apartment presents an attractive opportunity for buyers interested in owning a seaside property with income-generating potential. Its combination of location, accommodation, and amenities positions it well in the holiday rental market, making it a compelling investment choice.