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: 96.4% purchase price, 3.6% buying costs.
- Asking price R 2 000 000
- Transfer duty (est.) R 33 786
- Deeds Office (transfer) R 1 738
- Conveyancing (est., incl. VAT) R 38 525
- Deeds lodgement R 52
- Total indicative R 2 074 101
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 4 732 786
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 1 800 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 2 000 000