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21 Glen Bay (Closed), 6 Glengariff Rd, Three Anchor Bay, Atlantic Seaboard, Western Cape
R 2 150 000
Positioned in the heart of Three Anchor Bay, just a short stroll from the Sea Point Promenade, this modernised and fully furnished 37m² apartment presents a rare plug-and-play investment opportunity on the Atlantic Seaboard.This is not simply an apartment it is an income-producing asset.The unit has generated approximately R201,000 net annual Airbnb income with strong occupancy levels, making it an attractive option for investors seeking a high-yield, low-maintenance property in a prime location.Features include:Fully furnished move-in or rental readyModernised interiors with light, neutral finishesOpen-plan living and sleeping areaDedicated workstudy spaceWell-appointed kitchen with appliancesSecure parkingAirbnb-friendly buildingWalking distance to the promenade, restaurants & lifestyle amenitiesGlimpses of Lions Head and surrounding urban viewsThe layout maximises space and natural light, creating a bright, welcoming environment ideal for short-term guests or professionals seeking a lock-up-and-go lifestyle.At the asking price, the property offers an attractive yield relative to comparable Atlantic Seaboard investment stock.Whether you are looking to expand your rental portfolio, secure a coastal base, or acquire a performing Airbnb unit with proven returns this is an opportunity not to be missed.Contact me directly for income breakdown and viewing arrangements.City and Atlantic Real Estate cc Trading as REMAX Living, an independently owned and operated franchise of REMAX SA. Registered with the PPRA. Show more Show less
Estimated monthly repayment
R 20 303
on a R 1 935 000 bond over 20 years at 11.25%
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21 Glen Bay (Closed), 6 Glengariff Rd, Three Anchor Bay, Atlantic Seaboard, Western Cape
Listed by
Emma Van Zyl
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