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Mowbray, Mowbray, Cape Town, Western Cape
R 675 000
Calling all investors, parents of UCT students and renovation enthusiasts. Situated in one of Cape Town`s strongest rental markets, this ground-floor studio apartment offers an affordable entry into the highly sought-after Mowbray property market. While the apartment would certainly benefit from some cosmetic upgrading, it presents an excellent opportunity to add value and create an attractive student or young professional rental. Positioned just minutes from UCT, Groote Schuur Hospital, major transport routes and popular amenities, demand for well-priced rental accommodation in this area remains consistently strong. Whether you`re looking to renovate and rent, renovate and resell, or secure a low-maintenance investment in a high-demand suburb, this property offers plenty of potential. Features: Ground floor unit Open-plan studio layout Functional kitchenette Excellent investment potential Secure complex Highly sought-after rental location Close to UCT, Groote Schuur Hospital and public transport With vision and a little TLC, this could become an excellent income-producing asset. Don`t miss this opportunity to invest in one of Cape Town`s most resilient student rental markets.
Estimated monthly repayment
R 6 374
on a R 607 500 bond over 20 years at 11.25%
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Mowbray, Mowbray, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
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