R1,985,000
Monthly Bond Repayment R19,485.62
Calculated over 20 years at 10.25% with no deposit.
Change Assumptions
R525
Prime opportunity in vibrant Salt River! Large plot with income potential!
This is your chance to secure a substantial and versatile property in one of Cape Town's most dynamic and sought-after areas, Salt River. Perfect for investors, extended families, or those looking to customise their dream home!
• Generous 225 sqm plot, a rare find in this central location.
• The property currently features two interleading houses, offering immediate flexibility.
• Easily separate the two houses to create dual living spaces or maximise rental income.
• Requires work/TLC, offering the perfect blank canvas for modernisation and adding significant value.
• Enjoy a large, private courtyard area at the rear—ideal for entertaining, gardening, or secure storage.
• Includes a versatile outside building in the courtyard, which could be converted into a studio, laundry, or storage space.
• Parking: Valuable off-street parking for 1 car.
Situated in the heart of Salt River, you'll be steps away from trendy cafes, art studios, local markets, and excellent transport links (MyCiti bus routes and Salt River train station). Enjoy easy access to the City Bowl, Woodstock, and major highways.
• Investment: Live in one unit and rent out the other, or renovate both for a high-yield rental portfolio.
• Extended Family: Ideal for multi-generational living while maintaining privacy.
• Home & Income: Perfect for running a small business or studio from one house and living in the other.
Don't miss this opportunity to invest in a property with huge potential and a fantastic footprint!
Contact us today to arrange a viewing and unlock the potential of this unique Salt River property!
Features
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Salt River, Cape Town
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