| Prime Investment Opportunity in the Heart of the UCT Academic Precinct |
Situated in the heart of the highly sought-after UCT academic area, this spacious three bedroom, two bathroom apartment presents an exceptional opportunity for investors looking to secure a property in one of Cape Town's strongest rental markets.
Located within easy walking distance of UCT campus, the UCT shuttle bus route, shops, restaurants and everyday amenities, the property enjoys consistent demand from students, academics and young professionals alike.
Set within a charming character building, the apartment offers three generously proportioned bedrooms, including a main bedroom with an en-suite bathroom, as well as a second family bathroom. The spacious layout provides comfortable accommodation while offering exciting scope for modernisation and value enhancement.
Adding further appeal, the property includes a secure parking bay as well as a private lock-up storeroom, providing valuable additional storage space and convenience in this sought-after urban location.
Currently tenanted at R11,640 per month until 31 March 2027, the property provides immediate rental income and long-term security for investors. At the same time, it represents a blank canvas for the savvy purchaser seeking to unlock additional value and maximise rental yield through a thoughtful renovation.
Whether you're looking to expand your investment portfolio, secure a foothold in the thriving UCT rental market, or add value through refurbishment, this apartment offers location, income and potential in equal measure.
Contact me today to arrange a viewing and explore the possibilities.
ERF Size 88 m²
Building Size 88m²
Rates R1,245 per month
Sectional Title Levies R3,459
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Stephen De Villiers
c. 073 216 1638
steve.devilliers@rawson.co.za
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