R4,950,000
R4,950,000
Monthly Bond Repayment R52,788.27
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
Monthly Rates
R2,900
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
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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Disclaimer: While every effort will be made to ensure that the information contained within the Greeff Christie's International Real Estate website is accurate and up to date, Greeff Christie's International Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
