Investment properties in Cape Town’s Southern Suburbs have become increasingly popular, across the property spectrum, from the upper echelon residential estates to low maintenance lock-up-and-go units.
This spacious one-bedroomed apartment comes with kitchen, living room and bathroom, as well as an open balcony. The block is well-managed and the unit requires virtually no maintenance.
“The massive demand for student accommodation in this neighbourhood, being close to the University of Cape Town, seems insatiable and the market is not likely to change any time soon. Close proximity to shops, restaurants, theatre and other amenities also increases the attractiveness of this property, which could yield significant rental income,” said Carlos Caldeira, ClareMart Senior Auction Agent.
Viewing arrangements can be made with the agent.
Don’t miss this exciting on-site auction by the ClareMart Auction Group at 201 Mount Royal, 5 York Rd Rosebank on Friday, 7 April 2017 at 14h00. A 5% deposit and 10% auctioneer’s commission (excluding VAT on commission) will be payable on the fall of the hammer. The balance is payable on registration of transfer. For more information, contact Carlos Caldeira on firstname.lastname@example.org, 021 425 8822 or 082 824 8778, and visit www.claremart.co.za