R1 350 000 | 1 Bedroom Apartment / Flat Sold By Us in Sandown, Blouberg

North-Facing Investment Opportunity with Tenant in Place

Purchase with a wonderful tenant in place or choose to occupy once the lease expires.

This light-filled 55 sqm north-facing apartment presents an attractive investment opportunity, currently generating R11,350 per month and offering an estimated 10.1% gross yield, making it a compelling income-producing asset.

Bathed in natural light thanks to its ideal north-facing orientation, the apartment features a spacious one-bedroom layout that comfortably accommodates a queen-size bed. The bedroom includes an en-suite bathroom with vanity drawer and a generously sized shower, and opens directly onto a private north-facing balcony.

The open-plan kitchen and living area flow seamlessly onto the same balcony, creating a bright indoor-outdoor living space. The modern eat-in kitchen includes a dishwasher, washing machine, tumble dryer, fridge and gas stove.

Additional features include one covered parking bay, fibre-ready connectivity, and a location within walking distance to the shopping centre and MyCiTi bus stop.

Investment highlights:

Tenant in place until September
Immediate rental income from transfer
Approx. 10.1% gross yield
Strong return for a Cape Town apartment investment
55 sqm offering excellent value per square metre
Sought-after north-facing orientation

A turnkey buy-to-let opportunity offering immediate income, strong fundamentals and future owner-occupier flexibility.

• Residents of The Sandown enjoy access to a lifestyle-focused estate with excellent amenities, including a fitness centre, swimming pool, restaurant, and beautifully maintained communal spaces, all within a secure setting.