R 1 045 000
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1 Bed Apartment in Claremont Upper

marlborough park, 225 bath road
1 1 1 36 m²

Immaculate Apartment in Fantastic Location

- Exclusive Mandate -

This studio apartment is in immaculate condition and is situated in a highly sought after area - offering incredible value!

The apartment consists of a spacious living area with large windows boasting a fantastic view of Table Mountain! To further add to the comfortable living is the open plan kitchen with ample countertop and cupboard space - making this apartment perfect for students or young professionals. Furthermore, the neatly designed bathroom includes a large shower, basin and toilet.

Marlborough Park is a very well-run complex and offers a wide range of benefits, including 24 hour manned security, a communal swimming pool and pristinely kept gardens (including a designated braai area). In addition, within close proximity, one is within walking distance to Cavendish Square, Kingsbury Hospital, Arderne Gardens and a wide array of popular retailers, restaurants and coffee shops. The complex is pet-friendly subject to BC approval, too.

Only a handful of apartments in this popular complex have an allocated garage - with this apartment being one of them (enhancing the immense value on offer!). Please note that the garage is available to be purchased separately for an additional R 100 000.

The apartment is currently let at R8 250, which generates a gross yield of a whopping circa. 9.5% at full asking price - making this apartment a fantastic investment opportunity and a genuine must see!

Property details

  • Listing number T4832761
  • Property type Apartment
  • Listing date 20 Oct 2024
  • Floor size 36 m²
  • Rates and taxes R 258
  • Levies R 1 900

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Lounges 1
  • Garage parking 1
  • Pet friendly
  • Pool
  • Security post
  • Garden

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