This grand old Victorian lady is situated in a prime position in Rondebosch Upper within a stones throw from UCT. She still boasts many of her unique original features such as wooden strip wood flooring in fine condition, high ceilings, Carrera marble floored bathrooms and a wild and wonderful garden !
The property is currently let to university students with a lease in place that provides a gross monthly return of R25 000. The four bedrooms are all extra spacious and could possibly be divided using dry walling in order to double the number of bedrooms and maximize your return on investment.
There are approved plans in place to extend the accommodation into the roof which would provide a further 2 large rooms with a stunning mountain view. This area could be used as a separate flatlet, a luxurious master suite or more student accommodation. The choice is yours.....
Yes, she needs some TLC, but the ambiance and location is irreplaceable.
Brent Farrell and Marie Coxford are representatives of Real Estate Power CC, T/A RE/MAX PREMIER, a franchise of RE/MAX SA. Each Office Independently Owned and Operated.
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