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Quay 1 International Realty

Apartment · For SaleRef RL1560

Modern One-Bedroom Apartment in Claremont Upper | Fantastic Rental Investment Opportunity

R 1 895 000

Claremont Upper, Cape Town

On showSunday, 01 November · 10:00-11:00

Key facts

Type
Apartment
Bedrooms
1
Bathrooms
1
Study
1
Carports
1
Floor size
43 m²
Title
Sectional Title
Rates
R 500 p/m
Levy
R 1 300 p/m
Tucked into a nice, well-positioned block in central Claremont Upper, this cosy 1-bedroom, 1-bathroom apartment offers easy, low-maintenance living in one of Cape Town’s most sought-after Southern Suburbs neighbourhoods. The apartment is ready to move straight into, so you can settle in and make it your own from day one. The bedroom is comfortable and well proportioned, and the bathroom is close by. A dedicated parking bay adds everyday convenience in an area where parking is always in demand. Claremont Upper puts everything within easy reach. Cavendish Square is close by for shopping, dining and entertainment, and gyms, cafés and everyday amenities are just around the corner. UCT and a number of leading schools are a short drive away, and major transport routes connect you quickly to the City Bowl, the Southern Suburbs and beyond. The numbers also make a strong case for investors. Estimated rental is R14,000 per month, or R168,000 per year. At the asking price, that works out to a gross yield of about 9%. Strong rental demand in the area adds to its appeal as a long-term hold. This apartment suits investors looking for solid returns, couples wanting a well-located home, and first-time buyers ready to step onto the property ladder in a prime area. Monthly Costs Rates and Levies: ±R1,800 Electricity is prepaid. Please note: certain images have been digitally altered using AI for decluttering purposes.

Features

  • security
  • 24 Hour Access
  • Security Complex
  • Shower, Toilet and Basin
  • Complex
  • Courtyard
  • Electric Fencing
  • Oven & Hob
  • Safe

Location

Claremont Upper - exact address on request.

Open Claremont Upper in Google Maps ↗

Living in Claremont Upper

Cape Town is one of the world’s most iconic coastal cities, renowned for its extraordinary natural beauty, rich cultural tapestry, and dynamic urban lifestyle.

Read the Claremont Upper area guide →

Good to know

What is the asking price?+

This apartment is on the market at R 1 895 000.

How many bedrooms and bathrooms does it have?+

It has 1 bedroom and 1 bathroom.

Is there parking?+

Yes - 1 parking bay.

How big is it?+

The floor size is 43 m².

Where is it located?+

It's in Claremont Upper, Cape Town.

Bond repayment

Estimated monthly repayment

R 18 483

On a R 1 705 500 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 1 895 000
Transfer duty (SARS)
R 27 486
Transfer & conveyancing (est.)
R 33 600

Estimated once-off costs

R 61 086

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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