2 Bed, 2 Bath Apartment with Parking | Strong Airbnb Potential
This well-positioned 2-bedroom, 2-bathroom apartment offers a solid opportunity for both lifestyle living and short-term rental investment in an area that is actively evolving and improving.
The surrounding neighbourhood is busy and vibrant, with a lot happening in terms of development, lifestyle offerings, and convenience. While it is not a quiet residential enclave, it is becoming increasingly attractive for its accessibility and proximity to key city amenities — making it ideal for Airbnb guests, professionals, and short-stay tenants who prioritise location and convenience.
The apartment itself offers a practical layout with two well-sized bedrooms and two bathrooms, along with the added benefit of secure parking — a valuable feature in this area.
A key highlight is the outdoor patio space, which presents additional lifestyle and design potential. We’ve included a concept image (AI-generated design inspiration) to illustrate what this space could look like when enhanced with greenery and styling ideas. This is not the current condition of the unit, but rather a visual guide to show possible improvement potential.
From an investment perspective, current market performance of comparable short-term rentals in the area reflects strong demand:
* Peak Season (Nov–Mar): R60,000 – R75,000+ per month
(Approx. R2,800 – R3,300+ per night)
* Shoulder Season: R40,000 – R48,000 per month
(Approx. R2,200 per night)
* Low Season (Jun–Aug): R20,000 – R28,000 per month
(Approx. R1,460 per night)
This translates to a projected annual average gross income of R45,000 – R52,000 per month, with an estimated net return of R35,000 – R42,000 per month after standard management and operating costs.
The property comfortably supports holding costs such as levies, rates, and a typical bond structure, making it a compelling option for investors looking for consistent short-term rental performance with upside potential.
Features
Finance
R0,00
R0,00
Disclaimer
While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.