R22,500,000
R22,500,000
Monthly Bond Repayment R239,946.67
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R5,443
R5,443
Prime Investment Opportunity in Sea Point: 7 Self-Contained Apartments for Sale
Exclusive Mandate with Quay 1 | Purchasing of Company Shares as a Going Concern - Price is non-negotiable!
To all Estate Agents please feel free to bring your qualified buyers - happy to share on an equal 50/50 split.
Discover an unparalleled investment opportunity in the heart of Sea Point, situated in a serene cul-de-sac. This full-title property comprises seven self-contained, spacious apartments, including six two-bedroom units and one studio unit. Views, location, space and security all in one! Complete with four lock-up garages and ample parking bays, this property ensures convenience and security for every resident.
Investment Potential
This unique property is a rare find in Sea Point, offering vast potential for redevelopment or continued rental income. As the block is not sectionalised, there are numerous opportunities to enhance returns through renovation, adding additional floors, or complete redevelopment. Its prime location and spacious layout provide endless possibilities for astute investors.
Key Features
- Spacious Apartments
- Six Two-Bedroom Units: Each unit boasts generous space and private balconies
- One Studio Apartment: Ideal for single tenants or as a lucrative investment for additional rental income
- Four Lock-Up Garages: Secure parking solutions for residents
- Additional Parking Bays: Ample parking for each unit, ensuring convenience and peace of mind
- Plenty of outdoor space for: entertainment, laundry, or other uses, enhancing the property’s functionality and appeal
- Quiet Cul-de-Sac: Enjoy the tranquility of a secluded setting while being close to the vibrant and bustling heart of Sea Point
- GR4 Zoning
- Usage: Block of flats
Additional Information
Plans, Rental figures for individual units and the title deeds are available upon request. Please contact us to obtain this information.
Viewings: Due to existing tenants in all units, access is very limited and only serious purchasers are invited to request viewings to respect tenants privacy.
Don’t miss your chance to secure a prime piece of real estate in Sea Point. This property is a true gem, offering incredible investment potential and versatility. Call us today to get more information.
Features
Pets Allowed
Yes
Interior
Bedrooms
13
Bathrooms
7
Kitchens
7
Exterior
Garages
4
Carports / Parkings
5
Sizes
Land Size
615m²
Sea Point, Cape Town
Sea Point is a trendy suburb within Cape Town and is situated on a narrow stretch of land between Cape Town's well known Lion's Head and the Atlantic Ocean. It's a high-density area in which one can find beautiful apartments and houses of all shapes and sizes. By all accounts, Sea Point is the perfect blend of seaside living and city life.
It's home to some of Cape Town's most famous restaurants, shopping...
More Info
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty 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.