- 1
- 1
- 1
- 77 m2
- 688.0 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 556.23
Monthly Levy: ZAR 1914.67
Property description
For investors who value performance, this opportunity ticks the right boxes. Whether you benchmark using the 1% rule, price-to-rent ratio, or yield metrics, this secure, well maintained unit with parking and sweeping harbour views positions itself as a smart, entry-level buy.
With a projected gross yield of ±12.2% and rental potential of R6,500 per month, the numbers point to strong income generation at a market-related purchase price. Even after accounting for levies, the investment remains attractive, offering a payback period of approximately 11 years, a solid indicator of long-term value and capital recovery.
This is the kind of asset that works for you, low barrier to entry, consistent rental demand, and reliable returns. Buy to rent for immediate income, or buy to live with future upside; either way, the fundamentals make sense.
Property Details
- 1 Bedrooms
- 1 Bathrooms
- 1 Garages
- 1 Lounges
- 1 Dining Area
Property Features
- Balcony
- Pool
- Laundry
- Fence
- Access Gate
- Alarm
- Entrance Hall
- Paving
- Garden
- Intercom
- Family TV Room
Video
| Bedrooms | 1 |
| Bathrooms | 1 |
| Garages | 1 |
| Floor Area | 77 m2 |
| Erf Size | 688.0 m2 |
Contact the Agent
Jayshree Naidoo
Candidate Property Practitioner