BondThis strategically positioned beachfront apartment in Kings Court presents a solid, income-producing investment in a consistently high-demand rental node.
The unit offers two well-sized bedrooms, a spacious living area with sea views, one bathroom, a functional kitchen, and a balcony with coastal outlooks. The apartment is NSFAS-accredited and currently generates a rental income of R16,800 per month.
The property is tenanted by students, ensuring immediate income from day one. Beachfront student accommodation in this location benefits from strong demand, low vacancy rates, and reliable year-on-year occupancy, making it a dependable addition to an investment portfolio.
Ideally located within close proximity to shopping centers and public transport, and within easy walking distance of all beachfront amenities.
Additional features include excellent security and secure parking, further enhancing tenant appeal and long-term value.