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R3,149,000

Apartment for sale in Umhlanga Rocks Central

1 Bath
38m²
Furnished
Pool
Backup Power
Studio Apartment For Sale

Discover a unique and exclusive property investment opportunity at the renowned Pearls of Umhlanga®. This sea-facing studio apartment offers a chance to build a lucrative investment portfolio within a prestigious location known for its exceptional high capital growth. Fully furnished and equipped to the luxurious standards of the Capital Pearls Hotel, this property comes with a secure 3-year lease from the reputable hotel group, with an option to extend for an additional 3 years. The lease agreement also includes an annual market-related escalation, ensuring a stable and profitable investment.

Enjoy the unparalleled lifestyle conveniences that come with owning a property at the Pearls of Umhlanga®. From spectacular sea views to secure undercover parking, hydrotherapeutic heated pools, and 24-hour security with biometric access control, every aspect of luxury living is catered to. Direct access to Capital Hotel facilities and amenities, as well as the Pearls Mall with its medical center, pharmacy, gym, spa, retail outlets, and dining options, further enhance the living experience.

The purchase price of this exclusive property includes VAT, furniture, equipment, and appliances for a hassle-free investment experience. Please note that municipal rates will be adjusted based on the final purchase price, and a one-time Reserve Fund contribution is applicable upon purchasing. Don't miss out on this bespoke property investment opportunity at the Pearls of Umhlanga®, where luxury living meets lucrative returns.

Property Type
Apartment
Bathrooms
1
Building Size
38m²
Living Area
1
Covered Parking
1
Rates & Taxes
R3,007
Levy
R1,435
Pool
Yes
Furnished
Yes
Backup Generator
Yes
Fibre Internet
Yes
Covered Parking
Yes
Garden
Yes
Pool In Complex
Yes
Sea View
Yes
Pearls of Umhlanga
Yes
Holiday
Yes
Corporate Rentals
Yes
Beachfront
Yes
Available From
01 Jun 2024
Reference
1963140
Grade
C2
Pets Allowed
No
Property history
Listed for sale at R3,149,000
04 Jun 2021
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