R10,595,000
R10,595,000
Monthly Bond Repayment R109,360.36
Calculated over 20 years at 11% with no deposit.
Change Assumptions
Monthly Rates
R2,919
R2,919
Versatile Investment Opportunity in Claremont Upper
A prime opportunity in sought-after Claremont Upper, this multi-functional property presents endless possibilities. Whether you choose to register the sectionalization into two dwellings, maintain a two-unit rental investment, offer premium student accommodation, establish business premises, or restore it into a grand family home, the choice is yours.
Investment Highlights:
• Dual-Dwelling Sectionalization: The property has been approved for sectional title division, allowing for two separate income-generating units—
awaiting final registration.
• Ready-to-Go Rental Investment: With two well-appointed units, this property is primed for immediate rental income.
• Expansive Family Home: Easily reconvert into one substantial residence
• Student Accommodation Potential: A six-bedroom layout in a prime Cape Town area makes for a highly desirable student rental.
• Business Premises Opportunity: Ideal for work-from-home professionals or those seeking a hybrid residential-commercial space.
Property Breakdown:
Unit 1 (Ground Floor) – Erf Size: 394m²
• Bedrooms: 3 (two en-suite), plus a third family bathroom. Generous proportions with ample built-in cupboards.
• Living Spaces: Open-plan lounge and dining area with warm wooden flooring.
• Kitchen: Eat-in design with a central island, built-in electric hob and oven, granite countertops, and a separate outdoor laundry.
• Outdoor Space: Courtyard garden.
• Security: Alarm system, security gates, and perimeter fencing.
• Parking: Single garage with additional on-site parking for up to six cars.
• Staff Accommodation: One en-suite bedroom.
• Utilities: Separate water meter and prepaid electricity.
Unit 2 (Upper Level) – Erf Size: 176m²
• Bedrooms: 3 (main en-suite with a private lounge area), plus a second family bathroom. All bedrooms feature ample built-in cupboards.
• Living Spaces: Open-plan lounge, dining room, and study area, complemented by wooden flooring.
• Kitchen: Freestanding stove/oven with plumbing for two appliances.
• Bathroom: Family bathroom with a bath, shower, and toilet.
• Outdoor Space: Private courtyard garden.
• Security: Alarm system, security gates, and perimeter fencing.
• Parking: Single garage with on-site parking for three cars.
• Utilities: Separate water meter and prepaid electricity.
Additional Features:
• Water Efficiency: Three JoJo water tanks.
• Connectivity: Fibre-ready.
A rare investment opportunity with remarkable flexibility, perfect for investors, multi-generational living, or those looking to leverage Claremont Upper’s high rental demand.
Features
Interior
Bedrooms
6
Bathrooms
5
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
6
Security
Yes
Sizes
Land Size
735m²
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 buildings which boast...
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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.
