R 1 050 000
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1 Bed Apartment in Rosebank

bankside studios, 69 main road
1 1 30 m²

Perfectly Positioned Studio Apartment

- Exclusive Mandate -

This fantastic studio apartment is located in a highly popular and convenient location and could not be more ideal for students or young professionals seeking to take full advantage of the area!

The apartment is in impeccable condition and includes a comfortably sized bedroom, which seamlessly is divided from an adjacent study. In addition, there is a compact & modern kitchen and a neatly tiled bathroom with a shower, toilet and vanity.

Moreover, within very close proximity is a number of popular restaurants, retailers and coffee shops with the UCT Tugwell Jammie Shuttle stop right across the road.

Further adding immense value is the allocation of a secure and covered parking bay, located beneath the building.

Bankside Studios is a secure and well looked after complex with electric fencing, remote control and tag access. The apartment also boasts burglar bars and a security gate for utmost peace of mind. Fibre and laundry facilities are available on site, too.

This area of Rosebank/Rondebosch is always in high demand for student accommodation, making it an ideal investment opportunity - in fact, this apartment is currently let at R 7 500 per month, creating an attractive gross rental yield (at full asking price) of over 8.5%!

Property details

  • Listing number T4805625
  • Property type Apartment
  • Floor size 30 m²
  • Rates and taxes R 700
  • Levies R 1 500

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Security Post
  • Study

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