Studio apartment in Green Point

R 2 085 000

Rose Wood

Owner

Studio apartment in Green Point

R 2 085 000

508 cascades, 8 vesperdene
Can I afford this?
1 Baths
Floor Area 43 m²
Rates R 250
Levy R 1169

Make this renovated studio apartment yours and reap these lifestyle and income rewards.

Lifestyle benefits-

Convenience: The ultimate location makes things a lot easier. No problem getting day-to-day necessities with a Woolworths Food Store just 150m away at the corner of your road. Need more? The iconic V & A Waterfront Mall is just an 800m walk away. And just 1km away in neighbouring De Waterkant is the designer Cape Quarter shopping centre.

Peace and security: Tranquil city living. The studio is on a leafy and affluent side street off Green Point's Main Road. 24 hour security with electrically fenced perimeter, remote controlled drive in access to your own designated parking bay. A balcony to enjoy the fresh air and views of Signal Hill and Green Point below.

Health and Leisure: Walk everywhere, it's all within reach. Or take a bike; with dedicated cycle and pedestrian lanes starting just down the road. Great walking and jogging routes encompassing Green Point Park, the Stadium precinct, the beach front promenade and the working harbour paths and boardwalks in and around the Waterfront. Still got energy? Then there's the extravagant world class Point Virgin Active gym and health club less than a kilometre away. Top notch facilities and equipment and they even have an outdoor pool in a private garden setting.

Investment benefits-

Excellent revenue: Average monthly gross revenue of R20000 generated via short term corporate and vacation rentals that are freely permitted by the building house rules. Upload a listing to a site like Airbnb and do it yourself or get one of the local management teams to handle it for you.

Flexibility: Need a Cape Town home for holiday or business visits? Do short term rentals and block it off for when you need a place to stay. Or live there for good. Or do a standard long rental.

Asset appreciation: uber-gentrification in Green Point has improved the neighbourhood immensely and the property prices reflect this. it's squeezed between mountain and ocean meaning limited land for new development. It is a city suburb with an authentic village feel that attracts well off families, mobile young proffesionals and overseas visitors wanting to experience Cape Town from a great home base. The blend of useful shopping, trendy coffee hangouts and restaurants with lots of green and open space is hard to match.

The apartment has been completely renovated and overhauled to create a minimalistic urban chic space.

The studio is open plan and there is a floating screen which separates the sleeping area from the living area without compromising the feeling of spaciousness.

The kitchen is positioned in a L shape against 2 wall - major appliances such as the hob, oven, fridge, washing machine are under a black granite counter. There is plenty of storage space in below counter cupboards and also some overhead shelving for odds and ends.

The dining area is within easy access to the kitchen.

The flooring is a hard wearing vinyl and runs throughout the apartment including the bathroom.

The lounge area which is divided off the sleeping area has views towards the apartment block's gardens, the harbour and also Devils Peak and Signal Hill. There is also a flat screen TV mounted on the lounge wall.

Although not pictured here there are aluminium Venetian blinds on all the windows as well as curtains (more for the effect) in the lounge.

The bedroom area also faces the views of the garden and mountains. There are 2 built in cupboards behind the bed just before the entrance to the bathroom.

The bathroom has a large walk in shower.

There is a small balcony off the lounge - large enough for 2 to sit and enjoy the harbour and mountain views.

5th floor accessed by 2 high speed lifts and there is secure parking for 1 car as well as a front desk.

There is also a communal BBQ set in a green garden.

High speed optical fibre internet can be connected.

Furniture not included in price.

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Key Property Features

0
Bedrooms
1
Bathrooms
1
Dining Areas
1
En-suite
1
Lounges
1
Open Parkings
Balcony
BIC
Entrance Hall
Garden
Intercom
Kitchen
Satellite
Sea View
Security Post
Tv

Email the Owner should you require any further details.

Rose Wood
Owner
For sale by owner

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Studio apartment in Green Point

R 2 085 000

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Rose Wood
Owner
For sale by owner

Contact Owner

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By sending, you agree to Private Property's terms and conditions

Apply for a Home Loan

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Owner