| AN EXCELLENT INVESTMENT OPPORTUNITY |
Exclusive Mandate.
Nestled in the sought-after 'student belt,' this property presents an exceptional opportunity for discerning investors seeking a profitable 'buy-to-rent' income generating prospect.
Ideal as a rental prospect, this property promises an impressive return on investment with its low levies and rates. Its prime location near UCT and various amenities guarantees steady rental demand and consistent income potential. Currently, a long term tenant is in place, at a monthly rental of R9,200 per month with a renewable lease expiring on 31 January 2025.
This cosy and charming apartment is also an ideal choice for budget-conscious buyers eager to enter the property market in the highly desirable Rosebank area. With its inviting ambiance and strategic location, it offers an excellent opportunity for first-time homeowners as well.
Upon entering, you're greeted by a semi open plan lounge / kitchen creating a welcoming living area with natural light from the large windows.
The comfortably sized bedrooms offer built-in cupboards and the second bedroom provides versatility, ideal as a single bed bedroom, guest bedroom or home office.
The full bathroom has been elegantly refurbished, featuring a shower over the bath for added convenience and style.
Unlock the full potential of this wonderful property with some refurbishments and a touch of TLC.
With some creative input, it can be transformed into a very attractive investment property or your special home.
Security in this complex has features such as electric fencing, automated gates and secure parking, ensuring peace of mind for residents.
This secluded pocket of Rosebank offers a quiet oasis away from the hustle and bustle, yet remains conveniently close to UCT, shopping centres, restaurants, within easy access to public transport, UCT Shuttle, M3 and N2 highways and a ten minute drive to Cape Town City Centre and the Southern Suburbs.
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Please contact me for an appointment to view and explore this excellent investment property.
ERF Size 47 m²
Building Size 47m²
Rates R392 per month
Sectional Title Levies R1,201
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Virgilio Da Silva
c. 0845080801
virgilio.ds@rawson.co.za
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