1 Bedroom apartment for sale in Mowbray, Cape Town

R960,000
  1. 1
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  3. Web Ref: 1080521
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Property Features

ERF Size 0 m²
Rates R385 per month
Building Size 69m²
Sectional Title Levies R1,546

Interior Features

1 Bedroom
1 Lounge
Kitchen
1 Bathroom
Security
House Levels

Exterior Features

Balcony

An excellent Investment Opportunity

This property is an ideal opportunity for the enthusiastic Purchaser wishing to invest in a conveniently situated property with the prospect of transforming it into a very valuable asset and income producing property.

This spacious one bedroom refurbished property, offers a large bedroom, well sized full bathroom, kitchen, large lounge opening onto a North facing balcony and parquet flooring throughout.

The property is currently leased till 30 November at a monthly rental of R7,250.00 pm

This property can effortlessly be converted into a Two bedroom unit for single / student room accommodation by utilizing the lounge as an additional bedroom with a potential rental of +/- R8,500.00 p.m.

The unit is set in a well managed and secure complex which has been recently renovated.

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.

Please contact me for an appointment to view this property.

Contact the agent

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