R4,950,000
Monthly Bond Repayment R51,938.17
Calculated over 20 years at 11.25% with no deposit.
Change Assumptions
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
Interior
Exterior
Sizes
Claremont Upper, Cape Town
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