R 3 995 000 | 1 bed property for sale in hout bay

Apartment is currently used as a successful Airbnb or could be ideal holiday home. Ground floor with patio and beautiful manicured gardens. The complex is situated on the front of Hout Bay promenade with beach access. This will not be on the market for long as it ticks all the boxes "NEAT AS A PIN". Great investment opportunity. Hout Bay’s property value has increased by 37% since 2019. This represented an annual growth of around 6.7% per annum, well above the average consumer price index (CPI) rate, now at 4.6%.