Web Ref No RL24188

A prime opportunity in sought-after Claremont Upper, this multi-functional property presents endless possibilities. Whether you choose to register the sectionalization into two dwellings, maintain a two-unit rental investment, offer premium student accommodation, establish business premises, or restore it into a grand family home, the choice is yours.

Investment Highlights:

• Dual-Dwelling Sectionalization: The property has been approved for sectional title division, allowing for two separate income-generating units—
awaiting final registration.
• Ready-to-Go Rental Investment: With two well-appointed units, this property is primed for immediate rental income.
• Expansive Family Home: Easily reconvert into one substantial residence
• Student Accommodation Potential: A six-bedroom layout in a prime Cape Town area makes for a highly desirable student rental.
• Business Premises Opportunity: Ideal for work-from-home professionals or those seeking a hybrid residential-commercial space.

Property Breakdown:

Unit 1 (Ground Floor) – Erf Size: 394m²
• Bedrooms: 3 (two en-suite), plus a third family bathroom. Generous proportions with ample built-in cupboards.
• Living Spaces: Open-plan lounge and dining area with warm wooden flooring.
• Kitchen: Eat-in design with a central island, built-in electric hob and oven, granite countertops, and a separate outdoor laundry.
• Outdoor Space: Courtyard garden.
• Security: Alarm system, security gates, and perimeter fencing.
• Parking: Single garage with additional on-site parking for up to six cars.
• Staff Accommodation: One en-suite bedroom.
• Utilities: Separate water meter and prepaid electricity.

Unit 2 (Upper Level) – Erf Size: 176m²
• Bedrooms: 3 (main en-suite with a private lounge area), plus a second family bathroom. All bedrooms feature ample built-in cupboards.
• Living Spaces: Open-plan lounge, dining room, and study area, complemented by wooden flooring.
• Kitchen: Freestanding stove/oven with plumbing for two appliances.
• Bathroom: Family bathroom with a bath, shower, and toilet.
• Outdoor Space: Private courtyard garden.
• Security: Alarm system, security gates, and perimeter fencing.
• Parking: Single garage with on-site parking for three cars.
• Utilities: Separate water meter and prepaid electricity.

Additional Features:
• Water Efficiency: Three JoJo water tanks.
• Connectivity: Fibre-ready.

A rare investment opportunity with remarkable flexibility, perfect for investors, multi-generational living, or those looking to leverage Claremont Upper’s high rental demand.