Expansive Designer Apartment For Sale in the heart of Sea Point
Uncover an outstanding investment opportunity that beautifully combines sophistication with remarkable potential. This top-floor apartment, once part of a two-story standalone home, now comprises 177m² of pristine interior space. With impeccable finishes and an open-plan layout, it seamlessly blends a designer kitchen with a spacious living area with fireplace. Step outside to discover an additional 23m² of outdoor space, including an semi- enclosed patio that offers breathtaking Lions Head views.
What truly sets this property apart is its well-established presence on Airbnb, generating impressive returns of up to R 90,000 per month. With this property you are also afforded the option to buy it fully furnished at an extra cost, ensuring it's move-in ready and perfect for short-term rentals. Additionally, this property can be purchased with a medium term tenant in place from date of transfer, immediately earning R45 000 per month.
There is a permanent scooter bay on the property and the current owner has a long standing agreement renting a parking bay opposite the home, which could easily be continued by the next owner. One of the great bonuses of this property is that there is no Body Corporate and therefore no levies!
Nestled within a vibrant neighborhood, renowned for its picturesque charm and the iconic Sea Point Promenade, you'll have easy access to a wide array of top-notch restaurants, shopping venues and leisure options. Outdoor enthusiasts can indulge in a multitude of activities, from cycling along the promenade to paragliding from Signal Hill, kayaking, enjoying sun-kissed salsa and so much more. This serene haven on the coveted Atlantic Seaboard offers the perfect blend of tranquility and strategic positioning for your future endeavors.
Brochure containing ROI information available on request.
Property Features include:
- Spacious 177m² interior with 23m²outdoor space
- Oversized primary bedroom with rainshower
- Enclosed patio and outdoor braai
- Breathtaking views of Lions Head
- Established presence on Airbnb
- Impeccable finishes throughout
- Designer kitchen and entertainment area with fireplace
- Air conditioning throughout
- Mezzanine home office level for added functionality
- Spacious storage room
- Original windows add historical charm
- Permanent scooter bay and parking available for rent
- Pet friendly
- Option to purchase with furniture - inventory list available upon request
Get in touch to book a private viewing!