12 Bedroom Apartment For Sale in Cape Town

Property description

Calling all Rental investors!

Presenting a rare chance to own an entire block of six stylish 2-bedroom units, perfectly positioned for steady rental income and long-term appreciation. This rental investment building is situated in the sought after neighbourhood called Kensington. Consisting of a sectional title scheme of six units.

Presenting a rare chance to own an entire block of six stylish 2-bedroom units, perfectly positioned for steady rental income and long-term appreciation.

Property Highlights:

Prepaid water and electricity:

Enjoy peace of mind with prepaid utilities, reducing the risk of utility bill defaults.
Tenants can manage their own consumption, potentially leading to lower overall costs and greater tenant satisfaction.
Parking for All Tenants:

Each unit comes with its own secure off-street parking bay—an invaluable feature in today’s market.
This added convenience significantly enhances the property's attractiveness and rental potential.

Built-in cupboards:
All rooms feature built-in cupboards, offering ample storage space while enhancing both functionality and aesthetic appeal.

Flooring:
Bedrooms are fitted with elegant laminated flooring.
Kitchen, lounge area, and bathroom are finished with durable and stylish tiles.

Unit layout:

Two bedrooms: Ideal for small families, couples, or roommates.
Open plan lounge and kitchen: Modern and spacious layout that appeals to a wide range of tenants.
One bathroom: Standard and practical for units of this size.
Additional Features:

Each unit includes built-in cupboards, countertops, and an oven/hob, adding to the move-in readiness of the property.
The erf size of 496 sqm provides ample space for this well-planned scheme.
A fantastic opportunity for investors looking to expand their rental portfolio or capitalize on potential property improvements.
Investment Potential:

Ideal for long-term holding to benefit from consistent rental income and property appreciation.
Consider renovation or improvement opportunities to further enhance property value and rental income potential.
This offering represents a unique investment opportunity with strong rental prospects and significant upside. Contact us today to learn more or to arrange a viewing!

Lets talk!