Why Invest
With its prime location and impressive range of amenities, Pearls Shore within The Pearls of Umhlanga provides an exceptional investment proposition that cannot be matched. The limited availability of real estate in Umhlanga Rocks has led to significant price escalation in the resale of units. The area enjoys high occupancy rates and returns for investors seeking a high-value opportunity. Pearls Shore apartments are exclusively available with a complete rental management solution from The Capital. This offer includes a furniture pack and either a fixed or variable lease, earning you a guaranteed monthly rental income. The Capital Pearls has performed excellently in the market with an average occupancy of 90%, with studios having the potential to reach 95%. The Capital’s national distribution to corporates, leisure and other high-end clientele shows the widespread demand with rates charged that historically exceed the market by approx 25%.
THE CAPITAL LEASE
- Fixed lease with The Capital
- Variable lease with The Capital
3 years with option to renew up to 9 years.
5% Annual rental increase.
UNIT DESCRIPTION | RENTAL / MONTH (EXCL. VAT) |
Studio – Oceans Mall facing (West) | R13 260 |
Studio– Sea facing (East) | R16 000 |
Studio – Cabanas Beach facing (North) | R14 800 |
2-Bedroom – Sea facing (East) | R25 000 |
3 years with option to renew up to 9 years.
We share 50% of the revenue we achieve after paying for utilities, housekeeping and data / DSTV.
UNIT DESCRIPTION | HISTORIC OCCUPANCY | SHARED COSTS | AVG ESTIMATED VARIABLE MONTHLY INCOME* (EXCL. VAT) |
Studio – Oceans Mall facing (West) | 89% | R5 000 | R17 500 |
Studio – Sea facing (East) | 95% | R5 000 | R21 000 |
Studio – Cabanas Beach facing (North) | 90%**(estimated as not historic product) | R5 000 | R19 000 |
2-Bedroom – Sea facing (East) | 80% | R7 000 | R38 000 |
*Based on historic income
** Estimated – not based on historic occupancy
Please note: the fixed and variable lease rental per month is subject to the acquisition of our standard furniture package. Please note that this is a standard residential lease meaning that you as the landlord are responsible for rates, taxes and levies.