1 Bed Apartment in Umhlanga Rocks
Sublime business opportunity or simple luxury living . Sold either with or without all furniture and appliances.
Very few complexes in the Gateway area allow daily letting.
This property, together with a second unit in the same complex, has business rights and has been run very successfully on daily BnB rental basis for the past 12 years, earning on average monthly rental of R25 000 each. Purchase both units for just R2,000,000, fully furnished and with business status, receive a monthly combined income of R50 000 and in December/January this goes up to as much as R62 000 per month. The units can be bought unfurnished for a lower price or individually. Beautifully and tastefully furnished. These units, are also great for students or young professional''s or retirees.
Situated just a block or two from Gateway Shopping Centre and Cornubia Mall and facing a quiet road. The price is right and affordable. 24hr manned security
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Property details
- Listing number T4275702
- Property type Apartment
- Floor size 58 m²
- Rates and taxes R 2 354
- Levies R 2 500
Property features
- Bedrooms 1
- Bathrooms 1
- En-suite 1
- Lounges 2
- Covered Parkings 1
- Patio
- Kitchen