4 Bed Apartment in Piesang Valley
A Prime Dual Apartment Investment in Plettenberg Bay.
Joint Mandate
This property is an excellent opportunity for those looking to invest in Plettenberg Bay. Located in the popular Castleton complex, the unit has been modernized and revamped to offer two separate apartments in one sectional title, making it highly versatile for various buyer profiles.
The first apartment is a spacious 1-bedroom ground-floor unit, perfect for those who prefer single-level living. The second apartment is a 3-bedroom, double-story Duet unit, offering a larger living space ideal for families or groups. Both apartments have been tastefully updated, making them aesthetically pleasing and comfortable.
Key Benefits:
This property is perfect for investors, first-time buyers, or retirees. Buyers have the option to:
- Live in one apartment and rent out the other: This is ideal for first-time buyers who can use the rental income to service their
mortgage or retirees who want to generate additional income.
- Maximize rental potential: The property can be used as a buy-to-let investment with both apartments rented out on a long-
term or short-term basis. The proximity to Plettenberg Bays attractions makes it highly attractive for holiday rentals through
platforms like Airbnb.
- Single Body Corporate Levy: The property is structured under one body corporate, making it a cost-effective option with a
single levy, municipal rates, and bulk service charges.
- Low Maintenance andamp Fully Furnished: The units come fully furnished, offering a hassle-free option for those looking to start
renting immediately.
Additional Features:
- Wood-burning fireplace: Perfect for cozying up during cooler evenings.
- Covered patio with a built-in braai (barbecue): This outdoor space provides a lovely area to entertain while enjoying the
stunning views of the Piesang Valley.
- Secure Living: The property offers 24-hour security, providing peace of mind for owners and guests alike.
- Convenience: With only one covered parking space included, the property suits those seeking a lock-up-and-go lifestyle.
Castleton is a highly sought-after Estate, offering 2 pools, a trampoline, a putt-putt course, games room, jungle gym, laundry and tennis court. Pets are not allowed!
Contact me for further details on exploring this investment.
Property details
- Listing number T4781346
- Property type Apartment
- Listing date 9 Sep 2024
- Floor size 194 m²
- Rates and taxes R 770
- Levies R 3 172
Property features
- Bedrooms 4
- Bathrooms 4
- En-suite 1
- Lounges 1
- Dining areas 1
- Open parking 1
- Flatlets
- Access gate
- Patio
- Pool
- Scenic view
- Sea view
- Garden
- Electric fencing
- Family TV room
- Fireplace
- Built In braai