April 16, 2024
Spacious 3 Bed Apartment in Bellville Central, Cape Town for R895k; Seller Covers 1st Year Levies!

The real estate market in Cape Town, South Africa, is booming, with a wide range of properties available to suit every budget and lifestyle. One such property that has caught the attention of potential buyers is a spacious 3-bedroom apartment in Bellville Central, priced at R895,000 (US$48,230). What makes this property even more enticing is the fact that the seller is willing to cover the first year’s levies for the purchaser.

Situated on the 9th floor of a well-maintained building, this 101m2 apartment offers ample space for a growing family or individuals looking for a comfortable living space. The apartment features three carpeted bedrooms, providing a cozy and inviting atmosphere. The full bathroom and separate toilet add convenience and functionality to the layout. The enclosed kitchen is perfect for those who enjoy cooking and entertaining. With ample counter space and storage, preparing meals will be a breeze. The open plan lounge area, also carpeted, provides a comfortable space for relaxation and spending quality time with family and friends.

One of the standout features of this property is its rental potential. Currently tenanted at R9,000 per month, this apartment offers an attractive investment opportunity for those looking to generate passive income. With a rental income of R9,000 per month, this property has the potential to provide a steady stream of cash flow for the savvy investor.

Furthermore, the seller’s offer to cover the first year’s levies adds even more value to this already enticing deal. Levies are monthly fees paid by apartment owners to cover the costs of maintaining the building and common areas. By covering the first year’s levies, the seller is providing the purchaser with a financial advantage and peace of mind. Bellville Central, where this apartment is located, is a vibrant and sought-after neighborhood in Cape Town.

Known for its convenient location and excellent amenities, Bellville Central offers residents easy access to schools, shopping centers, and public transportation. With its close proximity to major highways, residents can easily commute to other parts of the city. The property market in Cape Town has been experiencing steady growth over the past few years, and this apartment presents a great opportunity for buyers to enter the market at an affordable price. With its spacious layout, rental potential, and the seller’s generous offer, this apartment is sure to attract a lot of attention from both investors and individuals looking for a comfortable and convenient place to call home.

As with any real estate transaction, interested buyers are advised to conduct their due diligence and seek professional advice before making a purchase. This includes getting a comprehensive inspection of the property, reviewing all relevant documentation, and assessing the financial implications of the purchase.

In conclusion, the spacious 3-bedroom apartment in Bellville Central, Cape Town, priced at R895,000, presents an excellent opportunity for buyers looking for a comfortable and affordable living space. With its attractive rental potential and the seller’s offer to cover the first year’s levies, this property is sure to generate a lot of interest. Interested buyers are encouraged to act quickly and take advantage of this fantastic deal in one of Cape Town’s most sought-after neighborhoods.

Details: ZAR 895,000 (US$48,230)
3 Beds
1 Baths
2 Parkings
101 m2 Under Roof

Presented by:
Judy Foster
Jawitz Properties Tygerberg

Property Address:
Bellville Central, Cape Town, South Africa