An excellent opportunity to secure a 1-bedroom investment apartment in Palm Springs, with an existing tenant already in place and generating a monthly rental income of R7,800, subject to the agreed annual escalation.

Ideal for investors looking for a simple, income-producing property in Cape Town, the apartment offers the added benefit of optional full rental and property management through the on-site property management company.

From tenant management and rental collections to inspections, maintenance coordination and general day-to-day administration, the property can be managed on your behalf, making this an ideal hands-off investment opportunity.

Investment Highlights:

1 Bedroom apartment
Existing tenant in place
Current rental income of R7,800 per month
Annual rental escalation
Optional full rental management
On-site property management company
Ideal Cape Town buy-to-let investment
Immediate rental income from an established tenancy

Buy today and start earning rental income from day one.