Two-Apartment Portfolio – 7.5% Annual Yield!
Apartment ownership, wooden house
Kitchen: electric stove, open kitchen, refridgerator, kitchen furniture
Sanitary arrangements: water boiler, shower, new sewerage system, washing machine
Heating and ventilation: electric heating
Communications and security: Internet, phone, cable TV, steel door, frontdoor locked, neighbourhood watch
Additional information: parking free parking, packet windows, furniture, furnishing possibility, separate rooms, on multiple floors, high ceilings, new electric wiring, box-room
Neighbourhood: in the city location, roads in good condition roads, neighbours next to neighbours, Stroomi rand sea , surrounding buildings apartment buildings
For sale: two separate apartments offered as a single ownership – an excellent investment opportunity!
Both apartments have been recently renovated and fully furnished with all essentials, including washing machines. Each apartment also features an internal loft level that can be used as a bedroom or storage space.
The apartments have consistently been rented to long-term tenants, well-maintained, and rented at market rates. Stable demand ensures reliable income. The minimum rental yield is 7.5% per year – one of the best long-term rental returns on the market!
The building has an active homeowners’ association with a ready renovation plan and is currently raising funds for a complete refurbishment. After renovation, the apartment values will increase even further.
The neighbors are quiet and peaceful. The location is scenic, with the sea visible on the horizon, and Stroomi Beach is about a 10-minute walk away. Nearby are tram and bus stops (just a few minutes on foot) as well as a grocery store.
This is a rare opportunity to purchase two complete apartments at an attractive price – both a reliable home and a profitable investment.
Contact us to arrange a viewing and learn more about these apartments!
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