Nestled in the vibrant community of Wynberg in Cape Town, this apartment presents an exciting opportunity for first-time buyers, investors, or those looking to downsize. Boasting a convenient location and a versatile layout, this property offers the potential to be transformed into a cozy urban retreat with some TLC.
Rental per month: R4500
Nett Return: 8.4% with a room for a higher return as rental is currently lower than market value
Key Features:
1. Prime Location: Situated in Wynberg, one of Cape Town's most sought-after suburbs, this apartment enjoys easy access to an array of amenities, including shopping centers, restaurants, schools, and public transportation.
2. One Bedroom, One Bathroom: This apartment features a well-proportioned bedroom and a bathroom, offering comfortable living spaces for individuals or couples. With the right vision and renovation efforts, the layout can be optimized to maximize functionality and aesthetics.
3. Open-Plan Kitchen/Living Room: The open-plan kitchen/living room layout creates a sense of space and connectivity, perfect for modern living. While the existing design provides a solid foundation, there's ample room for customization and improvement to suit your personal style and preferences.
4. Fixer-Upper Potential: Calling all DIY enthusiasts and renovation aficionados! This property is a blank canvas awaiting your creative touch. Whether you're dreaming of a sleek contemporary finish or a cozy rustic retreat, the possibilities are endless. From updating fixtures and fittings to reimagining the floor plan, you have the freedom to tailor the space to meet your needs.
5. Secure Parking: Convenience is key, and this apartment comes complete with a dedicated parking space, which costs R180 per month, ensuring hassle-free access and peace of mind for residents with vehicles. In addition to on-site parking, the building may offer additional security features for added safety and comfort.
6. Investment Opportunity: With Cape Town's property market showing resilience and steady growth, investing in this fixer-upper apartment presents an attractive opportunity for capital appreciation. Whether you plan to live in the property, rent it out, or flip it for profit, the potential returns make it a savvy investment choice.
In summary, this 1 bedroom, 1 bathroom apartment in Wynberg, Cape Town, offers a rare chance to create your ideal living space in a desirable location. With its prime positioning, versatile layout, and renovation potential, this property is sure to attract savvy buyers seeking value and opportunity in the competitive Cape Town real estate market. Don't miss out on the chance to turn this diamond in the rough into your dream home or investment property!
R546,667immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a studio in Wynberg on ImmoAfrica.net is R 546,667
R19,177immo · index
The current average sales price per square meter for a studio in Wynberg on ImmoAfrica.net is R 19,177
R1,410,900immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 2 bedroom property in Wynberg on ImmoAfrica.net is R 1,410,900
R12,525immo · index
The current average sales price per square meter for a 2 bedroom property in Wynberg on ImmoAfrica.net is R 12,525
R1,682,125immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 3 bedroom property in Wynberg on ImmoAfrica.net is R 1,682,125
R7,682immo · index
The current average sales price per square meter for a 3 bedroom property in Wynberg on ImmoAfrica.net is R 7,682
R554,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 1 bedroom property in Wynberg on ImmoAfrica.net is R 554,500
R14,367immo · index
The current average sales price per square meter for a 1 bedroom property in Wynberg on ImmoAfrica.net is R 14,367
R2,731,666immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 5 bedroom property in Wynberg on ImmoAfrica.net is R 2,731,666
R4,760immo · index
The current average sales price per square meter for a 5 bedroom property in Wynberg on ImmoAfrica.net is R 4,760
R2,133,333immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average sales price for a 4 bedroom property in Wynberg on ImmoAfrica.net is R 2,133,333
R4,670immo · index
The current average sales price per square meter for a 4 bedroom property in Wynberg on ImmoAfrica.net is R 4,670
R6,300immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 1 bedroom property in Wynberg on ImmoAfrica.net is R 6,300
R203immo · index
The current average rental price per square meter for a 1 bedroom property in Wynberg on ImmoAfrica.net is R 203
R10,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 2 bedroom property in Wynberg on ImmoAfrica.net is R 10,500
R175immo · index
The current average rental price per square meter for a 2 bedroom property in Wynberg on ImmoAfrica.net is R 175
R18,500immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
The current average rental price for a 5 bedroom property in Wynberg on ImmoAfrica.net is R 18,500
R28immo · index
The current average rental price per square meter for a 5 bedroom property in Wynberg on ImmoAfrica.net is R 28
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index The immo · index is a market indicator that provides insights into the average asking price and rental values in a given suburb. It is derived from listing data provided by estate agents who advertise their properties on ImmoAfrica.net. However, it is important to note that the immo · index is not a substitute for a professional valuation or appraisal. We encourage buyers, renters, sellers, and homeowners to supplement the immo · index with other research, such as visiting the property in person, obtaining a professional valuation, or requesting a comparative market analysis (CMA) from a qualified real estate professional.
Currently, there is not enough data to give you an estimated price. Please check back soon.
immo · index
Currently, there is not enough data to give you an estimated price. Please check back soon.
The interest rate is by default set to the prime lending rate of South Africa. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
Fill in your email address, we will send you a link to change your password.
Welcome to ImmoAfrica!
Create a password to continue
Report this property
to ImmoAfrica head office
Cookie preferences
We use cookies and similar technologies on ImmoAfrica to give you the best personalised online
experience. You can change your settings at any time and find out more by visiting our Cookie Policy, which also explains why some cookies, that can't be turned off, are
required to operate our website more effectively.
