Versatile Investment Opportunity in Claremont Upper (Off Market)

For Sale, ZAR 10,350,000


Property Type : Single Family Home

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 6

Bathroom : 5

Half Bathroom : 0

MLS#: N/A


Property Description

<p>Sole Mandate<br /><br />A prime opportunity in sought-after Claremont Upper, this multi-functional property presents endless possibilities. Whether you choose to register the sectionalization into two dwellings, maintain a two-unit rental investment, offer premium student accommodation, establish business premises, or restore it into a grand family home, the choice is yours.<br /><br />Investment Highlights:<br /><br />&bull; Dual-Dwelling Sectionalization: The property has been approved for sectional title division, allowing for two separate income-generating units&mdash;<br />awaiting final registration.<br />&bull; Ready-to-Go Rental Investment: With two well-appointed units, this property is primed for immediate rental income.<br />&bull; Expansive Family Home: Easily reconvert into one substantial residence<br />&bull; Student Accommodation Potential: A six-bedroom layout in a prime Cape Town area makes for a highly desirable student rental.<br />&bull; Business Premises Opportunity: Ideal for work-from-home professionals or those seeking a hybrid residential-commercial space.<br /><br />Property Breakdown:<br /><br />Unit 1 (Ground Floor) &ndash; Erf Size: 394m&sup2;<br />&bull; Bedrooms: 3 (two en-suite), plus a third family bathroom. Generous proportions with ample built-in cupboards.<br />&bull; Living Spaces: Open-plan lounge and dining area with warm wooden flooring.<br />&bull; Kitchen: Eat-in design with a central island, built-in electric hob and oven, granite countertops, and a separate outdoor laundry.<br />&bull; Outdoor Space: Courtyard garden.<br />&bull; Security: Alarm system, security gates, and perimeter fencing.<br />&bull; Parking: Single garage with additional on-site parking for up to six cars.<br />&bull; Staff Accommodation: One en-suite bedroom.<br />&bull; Utilities: Separate water meter and prepaid electricity.<br /><br />Unit 2 (Upper Level) &ndash; Erf Size: 176m&sup2;<br />&bull; Bedrooms: 3 (main en-suite with a private lounge area), plus a second family bathroom. All bedrooms feature ample built-in cupboards.<br />&bull; Living Spaces: Open-plan lounge, dining room, and study area, complemented by wooden flooring.<br />&bull; Kitchen: Freestanding stove/oven with plumbing for two appliances.<br />&bull; Bathroom: Family bathroom with a bath, shower, and toilet.<br />&bull; Outdoor Space: Private courtyard garden.<br />&bull; Security: Alarm system, security gates, and perimeter fencing.<br />&bull; Parking: Single garage with on-site parking for three cars.<br />&bull; Utilities: Separate water meter and prepaid electricity.<br /><br />Additional Features:<br />&bull; Water Efficiency: Three JoJo water tanks.<br />&bull; Connectivity: Fibre-ready.<br /><br />A rare investment opportunity with remarkable flexibility, perfect for investors, multi-generational living, or those looking to leverage Claremont Upper's high rental demand.</p>
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Versatile Investment Opportunity in Claremont Upper, South Africa,Western Cape,Cape Town is a Cape Town luxury Single Family Home listed for sale ZAR 10,350,000. This high end Cape Town Single Family Home is comprised of 6 bedrooms and 5 baths. Find more luxury properties in Cape Town or search for luxury properties for sale in Cape Town.