As one of the oldest established residential suburbs in Cape Town, Tamboerskloof offers limited development opportunities. ClareMart, however, has a rare opportunity for investors at its upcoming Multiple Commercial Property Auction, to acquire a classical home in the best location in Tamboerskloof with a great potential for an upgrade.
The house at 7 Varsity Street is situated on an 496m² erf and is located across the road from a large, enclosed park and green area.
The home has three spacious bedrooms, an additional room which can be accessed from an external door, a family bathroom, and a half a bathroom adjacent to a sunroom.
On the lower level, a small office and a bedroom, with a second full bathroom offer additional accommodation. The living areas include a large lounge and a separate dining room with a wood stove.
A spacious garden boasts a small swimming pool and offers magnificent mountain and city views. An added bonus is the garage with additional off-street parking for an extra car.
Viewing dates have been set for Sundays 15 and 22 July 2018, between 2 and 5 pm.
Don’t miss out on this unique opportunity to own this underdeveloped property with its lucrative investment value, that will be auctioned at the ClareMart Multiple Commercial Property Auction on Tuesday, 24 July 2018 at 12h30, at The One & Only Hotel, V&A Waterfront, Cape Town.