Location, Location, Location!
Property Overview
This airy 74 sqm first-floor apartment in the sought-after Dibo Mews complex offers comfortable, secure living in the heart of Claremont, directly opposite Kenilworth Centre. Featuring two bedrooms, one bathroom, a generous lounge leading to a sunny balcony, and a dining area that can easily be converted into a third bedroom or office, this well-maintained unit is ideal for first-time buyers, small families, or investors. The complex is pet-friendly (with trustee approval) and provides excellent security with perimeter CCTV, facial recognition pedestrian and vehicle access, an upgraded alarm system with internal beams, and intercom access. The apartment boasts aluminium windows, resprayed kitchen cupboards, refurbished parquet flooring in Bedroom 1, a full ceiling replacement, and tiled wet areas. One parking bay is rented from the body corporate at R385/month, with a second bay available on application. Dibo Mews is financially sound, with over R1.4 million in reserves and a net surplus of R412,061 as of August 2024, and the body corporate is professionally managed by Brooks and Michaels. Approved projects for 2025 include security upgrades, garage enclosure, and inverter installations. The complex is walking distance to major retailers, transport routes, parks, and top schools, with a peaceful community feel enhanced by shared gardens and an active body corporate. This is a rare opportunity to own in a stable, secure, and centrally located complex with strong long-term value.
Living Areas
- Generous lounge leading onto a large, sunny tiled balcony
- Carpeted dining area, convertible to a third bedroom, home office, or extended kitchen
Bedrooms
- Bedroom 1: Refurbished parquet floors, standard blinds, freestanding cupboard
- Bedroom 2: Carpeted, roll-down blinds, built-in cupboards
Kitchen & Bathroom
- Resprayed cupboards and wall tiles
- Resurfaced bath
- Tiled floors throughout kitchen and bathroom
- Standard blinds in both rooms
Security & Entry
- Perimeter CCTV
- Alarm system with motion sensors
- Facial recognition access for both pedestrian gates
- Intercom system
- One parking bay rented at R385/month; second bay available on application
Extras & Upgrades
- Full ceiling replacement completed in 2023
- Well-maintained communal veggie garden
- Pet-friendly with trustee approval
-Active, efficient, and financially stable body corporate
Lifestyle & Amenities
Area & Community
- Located in leafy Claremont, known for its friendly atmosphere and central location
- Ideal for professionals, families, downsizers, or investors
Retail & Recreation
- Directly opposite Kenilworth Centre and business parks; close to Access Park, Cavendish Square, and boutique shops
- Nearby parks include Arderne Gardens and Choo Choo Park
Schools & Transport
- Close to top schools such as Michael Oak Waldorf, Wynberg Boys’ and Girls’ High Schools
- Excellent transport access: Main Road, M5 freeway, public buses, taxis, and Kenilworth Station. Plans for MyCity bus route
Investment Appeal
- Strong rental demand
- Flexible layout allows dining area to convert into a third bedroom or study
- Financially secure body corporate with no current debt
- Low risk of unexpected levies or mismanagement
- Pet-friendly policy attracts long-term tenants
The body corporate is financially stable and operates with a clear structure for managing income, expenses, and long-term maintenance planning. Independent auditors confirmed that the financial records are in good order, with appropriate internal controls and sound financial management practices.
There is a well-maintained reserve fund set aside for future capital expenses, which is actively managed through a 10-year maintenance plan. This plan covers ongoing repairs and eventual replacements of major assets like roofing, boundary walls, gate systems, and more.
The administrative budget covers routine operational expenses such as municipal services, insurance, management fees, and repairs. A modest levy increase has been planned to ensure sufficient funds are available to meet these obligations without the need for special levies.
Overall, the body corporate demonstrates responsible financial stewardship and proactive planning to safeguard the property's value and ensure its long-term sustainability.
Features
Claremont, Cape Town
Finance
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Disclaimer
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