0 Bedroom Property for Sale in Umhlanga R2 290 000. 04 Jun 2021

Property features

R2 290 000
0 Bedrooms
1.0 Bathrooms
1 Living Room/s
Garage for 1 car/s
Rates R4104 pm
No Pets
Outdoor pool
Garden
Furnished

Property Details

Experience the epitome of luxury living with this bespoke property investment opportunity at the prestigious Pearls of Umhlanga®. Situated in a location renowned for its exceptional high capital growth, this fully furnished and equipped studio apartment offers a unique chance to build a successful investment property portfolio. ( 7% return on investment) Price includes VAT The apartment is meticulously designed to the high-quality standards of the Capital Pearls Hotel and comes with a secure 3-year lease from this reputable Hotel group, with an option to extend for a further 3 years. The lease agreement also includes an annual market-related escalation, ensuring a lucrative investment for the future. Boasting breathtaking ridge-facing views, this apartment offers more than just a living space – it provides a lifestyle. Enjoy the convenience of secure undercover parking, hydrotherapeutic heated pools, 24-hour security, biometric access control, and direct access to the Capital Hotel facilities and Pearls Mall. The mall offers a plethora of amenities including a medical center, pharmacy, gym, spa, retail outlets, and an array of dining options. The purchase price includes VAT, furniture, equipment, and appliances, making it a hassle-free investment opportunity. Please note that municipal rates will be adjusted on the final purchase price and a once-off Reserve Fund contribution is applicable upon purchase. Don't miss out on this exclusive chance to secure your investment in one of Umhlanga's most sought-after locations. Invest in luxury, invest in the future at the Pearls of Umhlanga®.