Bluff, Bluff, KwaZulu-Natal ID 1195529
House
4.0
6
318m2
704m2
Check out this lucrative investment property in Brighton Beach Bluff... Property Overview • Type: Multi-unit property with 4 separate dwellings. • Design: Modern or recently renovated structure, with a clean and low-maintenance exterior, designed to attract long-term tenants. • Unit Layouts: A mix of 1-bedroom and 2-bedroom units, each featuring spacious living areas, updated kitchens with stainless steel appliances, in-unit laundry, and ample storage. Location Highlights • Proximity to Schools: Walking distance to high-rated elementary and secondary schools, which appeals to families with children. • Nearby Malls and Amenities: A short walk to bustling shopping malls, grocery stores, gyms, cafes, and restaurants, ensuring convenience for tenants. • Beach Access: Positioned close to Brighton Beach Bluff’s iconic coastline, adding lifestyle value for renters and increasing demand. Income Potential • Rental Demand: High, due to its prime location and desirable neighborhood amenities. • Projected Rents: • 1-bedroom units: R3500 - R5500/month. • 2-bedroom units: R6000 – R7500/month. • Total Potential Monthly Income: R19000 – R26000. • Additional Income Stream Ideas: Guesthouse/Air BNB option. Investment Benefits • Appreciation: Brighton Beach Bluff is a premium real estate market, with steady property value appreciation over the years. • Tax Benefits: Potential for depreciation deductions, mortgage interest write-offs, and other property-related expenses. • Low Vacancy Rates: The strategic location ensures consistent tenant demand, reducing income gaps. This property would be ideal for investors seeking reliable cash flow and long-term appreciation in a thriving coastal community.
TME Bam Realty
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