NEW
Web Ref RL2249
R5,750,000
Monthly Bond Repayment R58,375.66
Calculated over 20 years at 10.75% with no deposit.
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Monthly Levy
R2,950
R2,950
Monthly Rates
R1,900
R1,900
Beautifully Renovated Sea Point Apartment in Charming Art Deco Building | Sea Views, Garage & Storer
92m² Apartment | 17m² Garage | 8m² Storeroom | Excellent Investment Opportunity
Situated on the second floor of a beautifully maintained Art Deco-style building in the heart of Sea Point, this stylishly renovated apartment offers the perfect combination of classic architectural charm and modern living.
With generous natural light, contemporary finishes and partial sea views, the apartment offers a comfortable and inviting living space, complemented by a large lock-up garage and separate high-ceiling storeroom.
The building has been exceptionally well maintained, with ongoing upkeep and a well-managed body corporate adding to its appeal.
Ideally positioned within walking distance of the Sea Point Promenade, popular restaurants, cafés, shops and everyday conveniences, this property offers an excellent opportunity for investors and future homeowners alike.
Property Features
92m² beautifully renovated apartment
2 bedrooms, including a versatile second bedroom previously used as an open-plan study
The second bedroom has been enclosed with drywall partitioning and a door, allowing the original open-plan study layout to be easily restored
2 modern bathrooms, including an en-suite
Open-plan kitchen and living area with abundant natural light
Partial sea views from the living area
Modern kitchen with gas stove and two plumbing points
17m² secure lock-up garage
8m² separate storeroom with high ceilings
Beautifully maintained Art Deco-style building
Second-floor position with stair access only (no lift)
Secure building in a prime Sea Point location
Pet Policy: No pets permitted under the current Body Corporate Conduct Rules.
Excellent Investment Opportunity
The apartment is currently tenanted, providing an immediate rental income for an investor.
Current rental: R28,000 per month
Annual rental income: R336,000
Lease expiry: 30 June 2027
Monthly levies: Approximately R2,949
Municipal rates: Approximately R1,933 per month
Furniture: May be purchased separately, subject to agreement
The existing lease provides an established rental income, with the opportunity for personal occupation once the lease expires, subject to the lease terms.
Prime Sea Point Location
Enjoy the convenience of living within walking distance of the iconic Sea Point Promenade, excellent restaurants, coffee shops and shopping facilities, with easy access to the Cape Town CBD and the wider Atlantic Seaboard.
Combining the character of a classic Art Deco-style building with modern interiors, sea views, generous storage and secure parking, this property offers an appealing combination of lifestyle and investment potential.
Contact M Worx Property Partners to arrange a private viewing.
Situated on the second floor of a beautifully maintained Art Deco-style building in the heart of Sea Point, this stylishly renovated apartment offers the perfect combination of classic architectural charm and modern living.
With generous natural light, contemporary finishes and partial sea views, the apartment offers a comfortable and inviting living space, complemented by a large lock-up garage and separate high-ceiling storeroom.
The building has been exceptionally well maintained, with ongoing upkeep and a well-managed body corporate adding to its appeal.
Ideally positioned within walking distance of the Sea Point Promenade, popular restaurants, cafés, shops and everyday conveniences, this property offers an excellent opportunity for investors and future homeowners alike.
Property Features
92m² beautifully renovated apartment
2 bedrooms, including a versatile second bedroom previously used as an open-plan study
The second bedroom has been enclosed with drywall partitioning and a door, allowing the original open-plan study layout to be easily restored
2 modern bathrooms, including an en-suite
Open-plan kitchen and living area with abundant natural light
Partial sea views from the living area
Modern kitchen with gas stove and two plumbing points
17m² secure lock-up garage
8m² separate storeroom with high ceilings
Beautifully maintained Art Deco-style building
Second-floor position with stair access only (no lift)
Secure building in a prime Sea Point location
Pet Policy: No pets permitted under the current Body Corporate Conduct Rules.
Excellent Investment Opportunity
The apartment is currently tenanted, providing an immediate rental income for an investor.
Current rental: R28,000 per month
Annual rental income: R336,000
Lease expiry: 30 June 2027
Monthly levies: Approximately R2,949
Municipal rates: Approximately R1,933 per month
Furniture: May be purchased separately, subject to agreement
The existing lease provides an established rental income, with the opportunity for personal occupation once the lease expires, subject to the lease terms.
Prime Sea Point Location
Enjoy the convenience of living within walking distance of the iconic Sea Point Promenade, excellent restaurants, coffee shops and shopping facilities, with easy access to the Cape Town CBD and the wider Atlantic Seaboard.
Combining the character of a classic Art Deco-style building with modern interiors, sea views, generous storage and secure parking, this property offers an appealing combination of lifestyle and investment potential.
Contact M Worx Property Partners to arrange a private viewing.
Features
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
2
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
1
Security
Yes
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
92m²
Land Size
92m²
Marcell Bester
Principal Property Practitioner Registered with PPRA(FFC 2023219189) Show number View my listings WhatsApp
