R8,000,000

R8,000,000

400m² Apartment Block For Sale in Mowbray
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Apartment Block | Student rental investment | Close to UCT

Web Ref. CL3532
Land size 589.00 m²
Floor size 400.00 m²
Monthly Bond Repayment
R73,179.14
Neat apartment block located close to UCT in Mowbray. This apartment block is fully let at the time of writing. It consists of 6 apartments, two of which are two-bedroom apartments between 42 and 44 m2 and 4 are three-bedroom apartments between 61 and 62 m2 with 1 garage and 4 parking bays. There is an opportunity to increase the rentals as they are currently under-market at R4250 per room. The property is zoned GR4 and has excess potential bulk to almost double the square metres (info available on request).

This apartment block is a quick walk to the main road making it convenient for the Jammie Shuttle to UCT. It is in a neat condition, and easy to run. It is currently sectionalized making for an easy sale to end users. Info pack available on request.
Monthly Rates R2,000

Features

Zoning
Mixed Use
Sizes
Land Size 589 m²
Floor Size 400 m²
Listing Info
Date Listed 08-06-26
Time Listed 14:32

Mowbray, Cape Town

Google map for 400m² Apartment Block For Sale in Mowbray

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