Monthly Bond Repayment R23,461.93
Calculated over 20 years at 10.5% with no deposit.
Web Ref No RLS991396
Secure top-floor two-bedroom apartment with storeroom
Secure top-floor two-bedroom apartment with two parking bays and a storeroom – The Iron Works.
Offering modern finishes and open-plan living, this unfurnished apartment includes two parking bays and a private balcony, making it an attractive option for savvy investors and first-time homeowners alike.
Property Features Open-plan kitchen and living area, plumbed for two appliances Contemporary finishes throughout Two bedrooms with built-in cupboards Bathroom with a large shower. Double-glazed windows and sliding door. Fibre-ready for high-speed internet Prepaid electricity meter Two secure basement parking bays 16 m² storeroom included – a rare find!
Building & Location Highlights: 24-hour security with access control and CCTV surveillance Professionally managed by LIME Managing Agents Ideally located within walking distance to trendy eateries, coffee shops, retail outlets, and MyCiTi public transport Just minutes from Cape Town CBD, the V&A Waterfront, and major highways
Investment Opportunity: Strong rental demand in the area Estimated rental income: R16 000 – R18 000 per month Tenant in place until end of November 2025 – immediate return on investment