• 3
  • 2.5
  • 134 m2

Monthly Costs

Monthly Bond Repayment ZAR .

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Mun. Rates & Taxes: ZAR 839.00

Monthly Levy: ZAR 1644.00

Property description

This spacious 3-bedroom apartment is perfectly positioned on Margaret Mncadi Avenue, right next to the harbour, in a high-demand rental area known for strong tenant occupancy and consistent interest.

The unit has been strategically configured into 6 rental rooms, making it an ideal opportunity for investors seeking a property with an existing multi-tenant setup. The layout is designed to maximize space and functionality, catering well to communal living arrangements.

The apartment includes a shared kitchen and 2 bathrooms, providing convenience for multiple occupants. Its prime location and practical configuration make it especially attractive for student accommodation or working professionals, ensuring ongoing rental demand.

Property Feature

  •  3 Bedrooms (original layout)
  • Currently configured into 6 rental rooms
  • 2 Bathrooms
  • Communal Kitchen
  • Spacious and versatile interior

Location Highlights:

  • Situated on Margaret Mncadi Avenue
  • Walking distance to the harbour
  • High rental demand area
  • Close to public transport routes, shops, and key amenities

Property Details

  • 3 Bedrooms
  • 2.5 Bathrooms
  • 1 Lounges
  • 1 Dining Area

Property Features

  • Laundry