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R4,259,000

1 bedroom apartment for sale in Umhlanga Rocks Central

1 Bed
1 Bath
57m²
Furnished
Pool
Backup Power
1 Bedroom Apartment For Sale

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.

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
57m²
Living Area
1
Covered Parking
1
Rates & Taxes
R3,894
Levy
R2,132
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 Jul 2024
Reference
1962750
Grade
C2
Pets Allowed
No
Property history
Listed for sale at R4,259,000
02 Jun 2021
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