R5,500,000 | 3 Bedroom Apartment For Sale in Sibaya Precinct

NO TRANSFER DUTY
Welcome to Apartment E002 — one of the developer-held units that has been meticulously upgraded with modern appliances and tasteful furnishings, ensuring the apartment remains perfectly aligned with current design trends.
This exceptional 3-bedroom apartment is a proven Airbnb performer, boasting consistently high occupancy rates and an impressive 3-year rental return history with a strong ROI — making it an outstanding investment opportunity.

The Development: Coral Point
Completed in 2019 by the award-winning developers FWJK, Coral Point is a premium residential development comprising 152 apartments and an exceptional range of lifestyle amenities. Residents enjoy access to a large swimming pool and entertainment area, complete with braai and pizza oven facilities, a fully equipped gym, laundry and drying area, and direct access to the Sibaya Coastal Forest trails, leading all the way to the pristine beachfront where coastal forest meets the Indian Ocean.

Prime Location
Ideally positioned within the highly sought-after Sibaya Precinct, Coral Point is located between Umdloti and Umhlanga, offering quick and direct access to the M4. The development is just 600 metres from the renowned Sibaya Casino and the newly completed flagship Checkers store, placing convenience, entertainment, and lifestyle amenities right on your doorstep.

The Apartment
This ground-floor unit enjoys an enviable position on the edge of the Sibaya Coastal Forest, offering a tranquil and scenic setting. Elegantly styled in a coastal chic theme, the apartment features high-quality finishes and carefully selected furnishings. It may be purchased fully furnished, allowing for a seamless acquisition and immediate rental income.

Investment Opportunity
With approximately R40,000 in confirmed future bookings already secured, this apartment offers a strong and reliable return from the moment of transfer.