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R1,090,000 | 1 Bedroom Apartment For Sale in Claremont

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R1,090,000

0 Marlborough Park, 225 Bath Road, Claremont, Cape Town

Monthly Bond Repayment R11,436.89
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,600
Monthly Rates
R300

Exquisite Studio Apartment in Prime Location

- Exclusive Mandate -

This studio apartment is in immaculate condition and is situated in a highly sought after area - offering incredible value!

The apartment consists of a spacious living area with large windows boasting a fantastic view overlooking the lush complex gardens! To further add to the comfortable living is the open plan kitchen with ample countertop and cupboard space - making this apartment perfect for students or young professionals. Furthermore, the neatly designed bathroom includes a large shower, basin and toilet.

Marlborough Park is a very well-run complex and offers a wide range of benefits, including 24 hour manned security, a communal swimming pool and pristinely kept gardens (including a designated braai area). In addition, within close proximity, one is within walking distance to Cavendish Square, Kingsbury Hospital, Arderne Gardens and a wide array of popular retailers, restaurants and coffee shops. The complex is pet-friendly subject to BC approval, too.

Secure parking is likely available within the complex to be rented from the body corporate or on a private arrangement basis.

The apartment is currently let at R8 000 on a month to month basis which is due to increase to R 9 000 - generating a gross yield of a whopping circa. 10% at full asking price - making this apartment a fantastic investment opportunity and a genuine must see!

Features

1
1
Pets Allowed
Yes
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
36m²
1
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