R840,000
R840,000
Monthly Bond Repayment R8,670.38
Calculated over 20 years at 11% with no deposit.
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Monthly Levy
R1,808
R1,808
Monthly Rates
R208
R208
Corner Studio Apartment for Sale – Mowbray
Unlock High-Yield Potential: Sun-Drenched Studio in Prime Mowbray Locale
Capitalize on the robust student rental market with this strategically positioned, corner studio apartment in the heart of Mowbray, on vibrant Main Road. This property presents an exceptional opportunity for investors seeking consistent rental income and strong capital appreciation.
Key Investment Highlights:
• Prime Corner Location: Benefit from enhanced natural light and desirable views, a significant draw for tenants.
• Abundant Natural Light: Large windows flood the space with sunlight, creating an inviting and desirable living environment.
• Scenic Views: Enjoy elevated views of the surrounding area, adding to the property's appeal and rental potential.
• Student-Centric Location: Situated in the heart of Mowbray, within easy reach of the University of Cape Town and other tertiary institutions. This ensures a constant flow of potential tenants.
• Efficient Kitchenette: A well-designed kitchenette provides essential amenities, with space for one appliance, catering to the needs of student living.
• Low Maintenance: Studio apartments offer streamlined management, reducing overhead for investors.
• Main Road Accessibility: Excellent connectivity to public transport, shops, and amenities, maximizing tenant convenience.
• Proven Rental Demand: Mowbray's student population guarantees consistent rental demand and competitive rental rates.
• High Rental Yield Potential: This studio apartment offers the perfect opportunity to generate a strong and consistent rental income.
This property is ideal for investors looking to secure a foothold in the thriving Mowbray rental market. Don't miss this chance to acquire a high-performing asset in a sought-after location.
Disclaimer: Information provided is deemed reliable but not guaranteed. All details are approximate and subject to change without notice. Buyers are advised to verify all information. Seller and agents make no warranties. Availability subject to change.
Features
Interior
Bedrooms
0.5
Bathrooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
34m²
Mowbray, Cape Town
Internationally renowned, and with its reputation even further enhanced during the 2010 World Cup, Cape Town is, and remains South Africa's premier tourist destination. And it's a given that Cape Town property will remain a hot favourite for both South African real estate investors as well as overseas investors.
Cape Towns' plethora of world renowned attractions includes its stunning coastline and beaches. Table...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.