R 4 750 000
calculate bond costs

2 Bed Apartment in Bo-Kaap

2 1

UNBELIEVABLE INVESTMENT OPPORTUNITY ON THE SLOPES OF TABLE MOUNTAIN

With an amazing average monthly income of R50,000, this property offers an unbeatable return on investment. It''s the perfect pied-a-terre for when you visit the Mother City and a fantastic source of passive income while you''re away.

Nestled in the desirable FORTY ON L building in vibrant Bo-Kaap, this two-bedroomed apartment is a one-of-a-kind living space with unparalleled views. The open-plan layout features two bedrooms, one bathroom, and spacious living areas spanning 54m2, seamlessly flowing onto a gorgeous wraparound balcony. From here, you can soak in breathtaking panoramic vistas of the ocean, harbour, city skyline, and the iconic Table Mountain.

The open-plan kitchen is equipped with modern and high-quality Smeg appliances, including an oven and refrigerator. The apartment''s thoughtful design incorporates space-saving features, such as ample drawers and storage spaces, built-in vanities, and desks.

The current furniture is available for purchase, ensuring a seamless transition for new owners without disrupting any existing short-term rental arrangements or income streams.

FORTY ON L offers a wealth of shared amenities, including a communal entertainment deck with panoramic views, a refreshing pool, braai areas, and inviting seating spaces.

Residents can enjoy the convenience of on-site gym and laundry facilities. The building also provides 24-hour lobby and concierge services, as well as round-the-clock, on-site security with electric fencing, access control, and CCTV cameras, ensuring your peace of mind.

Additionally, FORTY ON L is a pet-friendly building, making it an ideal choice for pet owners.

This apartment caters to both comfort and convenience, offering a well-designed and secure living space in a vibrant location.

Contact Shameela today to arrange a viewing.

Property details

  • Listing number T4619609
  • Property type Apartment
  • Listing date 2 May 2024
  • Rates and taxes R 1 400
  • Levies R 5 500

Property features

  • Bedrooms 2
  • Bathrooms 1
  • Lounges 1
  • Pet friendly
  • Balcony
  • Pool
  • Security post

Photo gallery