Apartment in Umhlanga Rocks Central, Umhlanga Rocks For Sale for R 2,290,000 #1963105

Studio Apartment For Sale

Ref # 1963105 : Umhlanga Rocks Central, Umhlanga Rocks, Kwazulu Natal

R2,290,000

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Property Details

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 Features

  • Property Type Apartment
  • Bath 1
  • Carports 1
  • Pool Yes
  • Building Size 34m²
  • Stand Size
  • Living Area 1

Associated Costs

  • Rates & Taxes ± 2067
  • Levy ± 1220

Location