Reduced

2 Bedroom apartment for sale in Mowbray, Cape Town

R1,095,000
  1. 2
  2. 1
  3. Web Ref: 1042243
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Property Features

ERF Size 0 m²
Rates R305 per month
Building Size 67m²
Sectional Title Levies R1,813

Interior Features

2 Bedrooms
1 Lounge
Kitchen
1 Bathroom
Security
House Levels

Exterior Features

Balcony

A Fixer Upper Opportunity

This ground floor property is an ideal opportunity for a keen Investor wishing to invest in a conveniently situated property with the prospect of transforming it into a very valuable asset and income producing property or for self occupation.

This two bedroom property comes with a well sized bathroom with bath. large kitchen and North facing balcony.

The property would benefit from an economical refurbishment for maximum rental returns and transform it into an attractive and very comfortable apartment.

The property could also be converted to a three bedroom, student / single room acccommation apartment by converting the lounge into a third bedroom.

The property is currently tenanted at a monthly rental of R8,900.

Achievable rental: +/- R10,000.00 per month or +/- R13,000.00pm as a three bedroom unit.

Conveniently situated within close proximity of UCT, with easy access to the Jammie Shuttle, public transport, the M3 and N2 highways and a ten minute drive to the Southern suburbs and City Centre. This fixer-upper is an ideal choice for the creative Purchaser looking for a renovation project and an outstanding buy-to-rent investment option.

Please contact me to view this property after Lockdown.

Should you wish to submit a conditional offer subject to viewing after lockdown, that can be arranged

Contact the agent

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Bond repayment calculator

Monthly repayments will be calculating…
*based on purchase price at Prime over 20 years

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Related Properties

2 Bedroom apartment for sale in Diep River, Cape Town

This sought-after, well-maintained and secure block is centrally located on the Main Road, Diep River, close t…

2 Bedroom apartment for sale in Wynberg Upper, Cape Town

Located above the Main road in a secure complex. Ideal for first-time buyers or young professionals. This apa…

2 Bedroom apartment for sale in Pinelands, Cape Town

This Two bedroom apartment is located on the 1st floor in the well-established security complex Anfield Villag…