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R4,950,000

Monthly Bond Repayment R51,938.17
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R2,900

Fixer-Upper with Exceptional Location in Claremont Upper

SOLE MANDATE

Nestled in the sought-after neighbourhood of Claremont Upper, this property on a 453 square metre plot offers an exceptional opportunity for buyers with vision. Situated close to Cavendish Square, The Grove Primary School, and other prestigious amenities, the home is ideally positioned for those seeking to craft their ideal residence or explore redevelopment potential.

The existing structure spans 224 square metres and comprises three bedrooms, with the principal bedroom featuring an en suite bathroom. A family bathroom with both a bath and a shower is conveniently located downstairs, while a second bathroom upstairs caters to the additional bedrooms. An added bonus is the separate cottage, which has its own entrance, a kitchenette, and an en suite bathroom with a shower—perfect for extended family, guests, or as an additional income-generating option.

The property also boasts a paved garden leading to a pool, along with secure parking for up to three vehicles, including a single garage. Inside, the home features a lounge with a fireplace, a dining room with vinyl flooring, and a versatile sunroom at the rear.

While the property requires renovation throughout, it provides the perfect canvas to create a personalised home in one of Cape Town’s most desirable areas. The GR4 zoning further enhances the investment appeal, offering potential for redevelopment such as student accommodation or flats.

Additional features include burglar bars for security and pet-friendly allowances. Estimated rates are approximately R2,900 per month.

This home is an excellent opportunity for buyers looking to unlock its full potential and create something truly special in a prime location.

Features

4
4
1
Interior
Bedrooms
4
Bathrooms
4
Kitchens
1
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
3
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
224m²
Land Size
453m²

Claremont Upper, Cape Town

The city centre has become increasingly attractive as a hip residential area offering a world-class inner-city lifestyle unique in South Africa. Cradled between Table Mountain on one side and Table Bay on the other, Cape Town's city centre is home to a growing selection of luxury apartments , lofts and penthouses. Available to buy or rent, furnished or unfurnished, many of these are located in...
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Greeff Head Office Expansion
Greeff Christie's International Real Estate is expanding further into the Cape Town city bowl, growing their unique hands-on brand of professional service excellence to new markets. Despite the COVID19 pandemic, Greeff has...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
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Monthly Payment

51,938.17

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