# 2 Bedroom apartment for sale in Plumstead, Cape Town

- **Price:** R1,495,000
- **Location:** Plumstead, Cape Town
- **Web Ref:** 1367165

## Details

- Building Size 83m²
- Rates R450 per month
- Sectional Title Levies R1,960

## Interior features

- 2 Bedrooms
- 1 Bathroom

## Exterior features

- 1 Parking Space

## Description

The property is sold with the current tenants and is currently rented out at R11,000 per month, with a one-year lease in place expiring in June 2027. This gives the new owner the benefit of an existing tenant and rental income from the start.

The tenant has been in the property for 10+ years , and is a good standing tenant . 

This two-bedroom apartment is an ideal opportunity for investors looking to purchase a property that is already tenanted and generating a monthly rental income.

The unit offers two well-sized bedrooms, both fitted with built-in cupboards, a kitchen, and one bathroom. The apartment also includes a balcony, which is currently being used for storage, as well as one allocated parking bay.

Whether you are a first-time investor or looking to add another property to your portfolio, this apartment offers a practical investment opportunity with rental income already in place.

Please note that the property is not pet-friendly.

A great opportunity for investors looking for a property with an existing tenant, a rental income of R11,000 per month, and a lease in place until June 2027.

## Agent

- Michael Meyer — 0713542543 — michael.meyer@rawson.co.za

## Office

- Constantia — 021 761 1055

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[View this property on rawson.co.za](https://rawson.co.za/property/for-sale/constantia/1367165)