Web Ref No RL3765

This apartment in the popular Woodstock Quarter, offers a fantastic opportunity for investors, first-time buyers, or those seeking a convenient, modern lifestyle close to the city's top attractions. Located just a 5-minute drive from the CBD, it is also near universities, Groote Schuur Hospital, V&A Waterfront, and major highways (N1, N2), with easy access to public transport, including the MyCiti bus route.

The apartment features modern finishes, built-in cupboards, and a balcony. The ensuite bathroom includes a rain shower. Additionally, the unit boasts fibre-ready infrastructure, pre-paid electricity, post-paid water, and double-glazed windows for soundproofing. Residents will also enjoy breathtaking harbour and ocean views from the balcony, as well as the convenience of basement parking.

Communal amenities include rooftop pools, a gym, braai areas, and a recreational deck, all within a secure building featuring 24-hour manned security, strict access control, and tag-based floor access. Onsite retailers like SPAR, Tops, Clicks, and Bootlegger Coffee add to the convenience of the location. The property is Airbnb-friendly, making it a great option for short-term letting, with strong rental yield potential.

Pet-friendly (on application approval).

The current lease in place runs until January 2025.
Current rental income of R9,000 per month (less management fees).

Monthly levies, including the parking bay: R1,120.
Monthly rates and taxes: R392.00.

This apartment offers a unique blend of modern living, investment potential, and proximity to key city locations, making it ideal for student accommodation, young professionals, or investors seeking a high return.