Experience a unique investment opportunity with this bespoke property at the prestigious Pearls of Umhlanga®. Nestled in a location renowned for exceptional capital growth, this fully furnished apartment offers a guaranteed path to building a successful investment property portfolio. The property is maintained to the high-quality standards of Capital Pearls Hotel and comes with a 3-year lease from this reputable Hotel group, with an option to extend for another 3 years. The lease agreement also includes an annual market-related escalation, ensuring a secure and profitable investment.
Boasting stunning sea-facing views of the City of Durban and the harbor, this apartment offers a luxurious lifestyle in a prime location. Enjoy the convenience of secure undercover parking, hydrotherapeutic heated pools, 24-hour security, and biometric access control. Residents also have direct access to the Capital Hotel facilities and amenities, as well as the Pearls Mall, which features a medical center, pharmacy, gym, spa, retail outlets, restaurants, and coffee shops.
The purchase price includes VAT, furniture, equipment, and appliances, providing a hassle-free investment opportunity. Please note that Municipal Rates will be adjusted on the final purchase price, and a one-time Reserve Fund contribution is applicable upon purchasing. Don't miss out on this exclusive opportunity to invest in a property that offers both luxury living and solid financial returns.