HIGH-YIELD APARTMENT PORTFOLIO & VACANT UNIT / PRIME INVESTMENT OPPORTUNITY
A selection of 13 premium two-bedroom apartments is currently available within the complex, ranging in size from approximately 50m2 to 157m2, with asking prices from R1,890,000 to R2,799,000.
INVESTMENT HIGHLIGHTS
- 13 two-bedroom apartments available
- Prices from R1,890,000 to R2,799,000
- Sizes ranging from approximately 50m2 to 157m2
- 12 units currently tenanted
- Estimated rental income of approximately R18,000 per month per unit
- 3 units offer 1.5 bathrooms
- Short-term rentals and Airbnb are permitted by the Body Corporate
- Excellent potential for both long-term and short-term rental strategies
- Secure basement parking included with each unit
This combination of existing rental income and flexible letting options creates an attractive proposition for investors looking to acquire property with an established income stream.
FEATURED UNIT | R1,890,000
Two Bedrooms | One Bathroom | 2nd Floor | Vacant
The currently available vacant unit is priced at R1,890,000 and offers immediate occupation.
The apartment features a spacious, light-filled layout and is ideally suited to an investor, young professional, couple or small family.
Status: Vacant and ready for occupation.
EXCLUSIVE BUILDING AMENITIES
Rooftop Deck & Swimming Pool
Enjoy panoramic views extending towards Table Mountain and the Cape Town city skyline.
247 Security
Manned security and controlled access provide an additional level of safety and peace of mind.
Secure Parking
One secure, covered basement parking bay is included with each apartment.
Utilities
Prepaid electricity meters with monthly metered water billing.
Kitchen
Fitted with a Smeg oven and stove.
MONTHLY PROPERTY COSTS
Levy: R4,188
Rates: R914
AN INVESTMENT OPPORTUNITY WORTH INVESTIGATING
With multiple units available, established tenancies and the added flexibility of short-term letting, this opportunity provides investors with the ability to select a property according to their preferred budget, rental strategy and investment objectives.
The R1.89 million vacant apartment provides an accessible entry point, while the larger units offer opportunities for investors seeking greater floor area and potentially higher rental income.
Properties offering this combination of location, rental income and letting flexibility are highly sought after.
Contact us today to arrange a private viewing
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Disclaimer
While every effort will be made to ensure that the information contained within the Just Property website is accurate and up to date, Just Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
