R 1 313 000
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Studio Apartment in Sibaya Precinct

0.5 1 8 990 m² 48 m²

Bright and Airy Studio Apartment with Spectacular Views

NO TRANSFER DUTY

Welcome to Apartment E409! One of the Developers units that they have kept and meticulously upgraded with modern appliances and furnishings keeping the unit up to date with current trends.

This exceptional Studio Apartment is a proven Airbnb success, boasting a high occupancy rate and a 3-year rental return record with an impressively high ROI.

The Development: Coral Point

Completed in 2019 by the award-winning developers FWJK, Coral Point comprises 152 Apartments featuring an array of top-tier amenities. Residents enjoy a large pool and entertainment area, with braai and pizza-over facilities, a well-equipped gym, laundry and drying area and direct access onto the Sibaya Forest trails leading to the pristine beachfront where the coastal forest meets the Indian Ocean.

Prime Location

Coral Point is ideally situated in the sough-after SIBAYA Precinct located between Umdloti and Umhlanga, offering quick and direct access onto the M4. It''s also just 600 meters from the renowned Sibaya Casino, and more recently completed flagship CHECKERS store, ensuring both convenience and entertainment at your doorstep.

The Apartment

This fourth-floor unit is right on the doorstep of the Sibaya Coastal Forest, offering a serene and picturesque setting. The apartment is elegantly styled in a coastal chic theme, featuring high-quality finishes and furniture. It can be purchased fully furnished, allowing for a seamless transition and immediate rental income.

Investment Opportunity

With approximately R40,000 worth of bookings already secured, this apartment promises a steady return on investment from the moment of transfer.

Schedule a Viewing

To arrange a viewing, please contact us to find a suitable day when the apartment is available.

Don''t miss this opportunity to own a stunning apartment in a prime location with proven rental success.

Property details

  • Listing number T4597287
  • Property type Apartment
  • Listing date 15 Apr 2024
  • Land size 8 990 m²
  • Floor size 48 m²
  • Rates and taxes R 1 180
  • Levies R 1 800

Property features

  • Bedrooms 0.5
  • Bathrooms 1
  • Lounges 0.5
  • Pet friendly
  • Balcony
  • Pool
  • Security post
  • Aircon

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