Property description
A rare opportunity to acquire two income-producing sectional title apartments in a secure and well-managed block in the heart of Claremont Upper. Offering a combined rental income of R31 050 per month and leases in place until January 2027, this is an ideal investment for buyers seeking immediate returns in one of Cape Town's most sought-after suburbs.
The first apartment is a neat and secure ground-floor unit that enjoys consistent demand from students and young professionals. It features an open-plan kitchen, dining and living area, together with a separate sleeping nook that comfortably accommodates a double bed and is divided by built-in cupboards. The bathroom includes a bath with overhead shower. The apartment is fibre-ready, with electricity and water billed monthly. Street parking is available, and the block does not permit pets.
The second apartment is a spacious 112 m² duplex offering generous accommodation and excellent convenience. The lower level comprises a large open-plan lounge and dining area, a modern kitchen with granite countertops and ample cupboard space, an enclosed balcony, and a guest toilet. Upstairs are three well-proportioned bedrooms with laminate flooring and built-in cupboards, together with two bathrooms, including a main en-suite. The apartment includes one allocated parking bay, is fibre-ready, and benefits from secure access-controlled entry.
Perfectly positioned within walking distance of Cavendish Square, restaurants, shops and the Jamie Shuttle route, the property is exceptionally well located for students, professionals and families alike.
With strong tenants already in place, secure leases extending to January 2027, and a proven rental income stream, this offering presents a compelling opportunity to secure a high-performing investment in the Southern Suburbs.
Contact us today for further information or to arrange a private viewing.
- Flatlet
- Sectional Title
- Security Features
- Sea View
- Pets Allowed
- Laundry
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from M Worx Property Partners
Terms of useGet in Touch
Agents
Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
