2 Bedroom Investment apartment in the heart of Rosebank

R 1,249,000

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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):61
Parking:Garage
Description
INVESTMENT OPPORTUNITY - COMES WITH GARAGE - LOW LEVIES - CLOSE TO UCT - SECURE AND SAFE AREA

This property is brought to you Solely and Exclusively by Quay1.

Step into a world of investment potential with this remarkable first-floor apartment, tucked away in a serene cul-de-sac of Rosebank. Boasting a prime location just 200 meters from The Baxter Theatre and within easy reach of UCT, this property presents an enticing prospect for investors seeking a foothold in the lucrative student accommodation market.

Key Features:

- Enjoy the benefits of low levies, maximising your return on investment and enhancing overall profitability.

- Revel in the timeless allure of swiss-parquet flooring that exudes character and durability, promising both aesthetic charm and lasting value.

- Discover the spacious comfort of two generously sized bedrooms, each bathed in natural light and thoughtfully designed with ample built-in cupboard space to accommodate all your storage needs. Each bedroom has ample room for a desk to be added.

- Embrace the tranquillity of your private balcony, offering idyllic garden views and serving as the perfect spot to unwind after a long day.

- Well-appointed kitchen, where ample cupboard and counter space combine to create an inviting atmosphere for cooking and entertaining.

- Beautifully appointed bathroom featuring a sleek walk-in shower, promising a rejuvenating escape from the bustle of daily life.

- Enjoy the convenience of a first-floor location, eliminating the hassle of climbing stairs and ensuring easy access to your inviting abode.

- Enhance your investment portfolio with the inclusion of a sought-after asset: a garage, offering not only secure parking but also the potential for additional rental income.

- Pet friendly with consent from the body corporate

- Current lease extends to the end of December and there is room for a new lease to be formed with new tenants in this HOT rental market.

Capitalise on the property's strategic proximity to UCT, making it an irresistible choice for students seeking convenient and comfortable accommodation options.
Seize the opportunity to invest in this exceptional property and unlock the full potential of your investment portfolio.

"Elevate your property purchase or sale by unlocking more value through our exclusive Shared Value Brokering Program, 'Elevate.'
Buyers and sellers can benefit from up to a 75% discount* on professional fees associated with a sale, as well as preferential rates on a variety of other property-related services connected to the transaction.

Property Reference #: 6404582

Agent Details:
RS Quay 1
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1269031425
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Estimated monthly repaymentR 13,536
Total property loan amountR 1,249,000
Total interestR 1,999,521
Total repaymentR 3,248,521
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Quay1 International Realty
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