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R5,544,000 | 3 Bedroom Apartment For Sale in Sibaya Precinct

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R5,544,000

Monthly Bond Repayment R58,170.75
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R5,870
Monthly Rates
R3,850

Spacious and Modern 3-Bedroom Apartment in Prime Location

NO TRANSFER DUTY
Welcome to Apartment E002! One of the Developers units that they have kept and meticulously upgraded with modern appliances and furnishings keeping the unit up to date with current trends.
This exceptional 3-bedroom Apartment is a proven Airbnb success, boasting a high occupancy rate and a 3-year rental return record with an impressively high ROI.

The Development: Coral Point
Completed in 2019 by the award-winning developers FWJK, Coral Point comprises 152 Apartments featuring an array of top-tier amenities. Residents enjoy a large pool and entertainment area, with braai and pizza-over facilities, a well-equipped gym, laundry and drying area and direct access onto the Sibaya Forest trails leading to the pristine beachfront where the coastal forest meets the Indian Ocean.

Prime Location
Coral Point is ideally situated in the sough-after SIBAYA Precinct located between Umdloti and Umhlanga, offering quick and direct access onto the M4. It's also just 600 meters from the renowned Sibaya Casino, and more recently completed flagship CHECKERS store, ensuring both convenience and entertainment at your doorstep.

The Apartment
This ground-floor unit is right on the doorstep of the Sibaya Coastal Forest, offering a serene and picturesque setting. The apartment is elegantly styled in a coastal chic theme, featuring high-quality finishes and furniture. It can be purchased fully furnished, allowing for a seamless transition and immediate rental income.

Investment Opportunity
With approximately R40,000 worth of bookings already secured, this apartment promises a steady return on investment from the moment of transfer.

Schedule a Viewing
To arrange a viewing, please contact us to find a suitable day when the apartment is available.

Don't miss this opportunity to own a stunning apartment in a prime location with proven rental success.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
Yes
Parkings
4
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
171m²
Land Size
8,990m²
Extras 24 Hour Access; 24 Hour Response; Bath; Double Basin; Toilet; Shower, Toilet and Basin; Patio; Air Conditioner; Splash Pool
1
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