2
Beds
2
Baths
54 m²
Floor area
About this property
Your Holiday Unit That Pays for Itself! Calling all investors and coastal dreamers. This newly renovated 2-bedroom, 2-bathroom apartment in Peninsula Bay delivers the perfect balance of holiday living and high-return potential, all just steps from Strand's golden shoreline.
Perched on the fourth floor, this uniquely designed unit offers a rare 2-in-1 layout, giving you the flexibility to enjoy it as a full family apartment or split it into two self-contained spaces for double the income. Currently configured as two units with separate entrances and an interleading door, it's already operating as a successful Airbnb.
One side features a modern bachelor suite with its own bathroom and well-planned kitchenette, ideal for solo travellers, couples or business guests.
The second unit offers a spacious one-bedroom apartment with a contemporary kitchen, bright lounge, and private bathroom.
Both enjoy beautiful views of the Helderberg mountains and access to a cosy balcony perfect for morning coffee while the ocean calls in the background.
The Apartment building offers peace of mind and convenience with 24-hour security, lift access, and a sparkling communal pool for easy holiday living.
Furniture can be purchased as an optional extra, meaning you can start hosting immediately.
Perfect for Airbnb and short-term letting, this is a prime opportunity to secure a seaside investment that truly works for you.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 96.5% purchase price, 3.5% buying costs.
- Asking price R 1 950 000
- Transfer duty (est.) R 30 786
- Deeds Office (transfer) R 1 695
- Conveyancing (est., incl. VAT) R 37 720
- Deeds lodgement R 52
- Total indicative R 2 020 253
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 4 614 466
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 1 755 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.