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R 950 000

1 Bedroom Apartment / Flat for Sale in New Town Centre

New Town Centre, Umhlanga

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1
1
1
58 m²

Contact Agent

Terri Greeff

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Sublime business opportunity or simple luxury living

Prime Investment Opportunity – Daily Letting & Business Rights!

A rare find in the Gateway area! Few complexes allow daily letting, making this an exceptional opportunity. This property, along with a second unit in the same complex, holds business rights and has been successfully run as a daily BnB rental for the past 12 years, generating an average rental income of R25,000 per unit per month.

Purchase both units for just R2,000,000, fully furnished and with business status, securing a combined monthly income of R50,000, which peaks at R62,000 in December and January. Alternatively, buy them unfurnished at a lower price or as individual units.

Ideal for:

? Investors looking for a high-yield income property

? Students, young professionals, or retirees seeking a prime location

? Those wanting a stylish, fully furnished home with flexible letting options

Located...

Bedrooms: 1

Bathrooms: 1

Parking: 1

Listing number: P24-115490723, Image number: 1

Listing number: P24-115490723, Image number: 2

Listing number: P24-115490723, Image number: 3

Listing number: P24-115490723, Image number: 4

Listing number: P24-115490723, Image number: 5

Listing number: P24-115490723, Image number: 6

Property Overview

Listing Number

115490723

Type of Property

Apartment / Flat

Listing Date

28 January 2025

Floor Size

58 m²

Price per m²

R 16 379

Levies

R 2 265

Rates and Taxes

R 2 354

Zoning

General Residential

Rooms

Bedroom

Bathrooms

Kitchen

Open plan kitchen with tiled floors, extractor fan, hob and stove

Reception Rooms

Other

Open plan living room with tiled floors

External Features

Parking

Other Features

Security

24 hour manned complex security

Special Features

Special Features 1

Plastered walls

Special Features 2

Aluminium windows

Special Features 3

Exterior features including patio

Points of Interest

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