The Perfect investment opportunity with a potential yield of 13.6%
This luxurious apartment Situated on the second floor, offers a spacious interior and amazing views of the ocean from the private balcony.
This gem Features 51sqm of interior space. Fully furnished with underfloor heating for those cold winter days. Enjoy the air-conditioner situated in the living area. The bedroom features a king size beds as well as cupboard space and a folding door to make it private.
The bathroom is luxurious and beautifully finished, featuring a shower, bathtub, toilet and basin.
The kitchenette has a modern design, featuring generous cupboard and counter top space as well as state of the art appliances.
Working from home has now become a pleasure with a table and chairs, the living area leads directly onto the private terrace with amazing sea views. This apartment includes one secure parking bays on-site. Feel safe and secure with the 24/7 CCTV security features. Storage is also taken care of with a private store room.
Explore the additional investment opportunity with an attractive return: rent out the apartment as a serviced holiday or corporate-stay apartment through the on-site hospitality-management company. With an average Occupancy rate of 77, 1% and an average monthly revenue of R34, 026 p/m including VAT resulting in a potential return on investment of 13.6%.
No transfer duty is payable on this transaction and VAT included.
Romney Park is a historical 5-star hotel offering luxury apartments, perfectly situated on the highly sought-after Atlantic Seaboard. These spacious apartments are ideal for owners seeking private and secure Cape Town living or for investment income via a variety of rental options.
On-site facilities include a concierge reception from
06h00 – 21h00 daily, secure parking, a club room that
serves breakfast and light lunches daily, a bar and
an outdoor swimming pool.
What are you waiting for? Contact me to schedule your private viewing.