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Quay 1 International Realty

Apartment · For SaleRef RL1052

Move-In Ready Investment Apartment with Exceptional Returns in Grand Central, Wynberg

R 399 000

Wynberg, Cape Town

Under offer

Key facts

Type
Apartment
Bedrooms
1
Bathrooms
1
Carports
1
Floor size
30 m²
# Move-In Ready Investment Opportunity with Exceptional Returns in Grand Central Whether you're a first-time buyer looking for a stylish home or an investor seeking excellent returns, this beautifully renovated apartment in the ever-popular Grand Central ticks every box. Filled with natural light and offering a fresh, modern feel, this immaculate apartment is truly move-in ready. Recently refreshed throughout, the property has been newly painted and features upgraded lighting, updated electrical fittings and a beautifully renovated bathroom, allowing you to simply move in or secure a tenant immediately. For investors, the numbers speak for themselves. With an expected rental income of approximately **R6,000 per month**, this apartment offers the potential to achieve an **excellent gross rental yield of over 10%**, making it an outstanding addition to any property portfolio. Grand Central offers residents exceptional peace of mind with: * 24-hour manned security * Fingerprint access control for residents * Secure and well-managed complex * Excellent lock-up-and-go convenience Ideally positioned in the heart of Wynberg, the apartment is within easy reach of shopping centres, public transport, schools and major transport routes, making it highly attractive to both tenants and owner-occupiers. The area has experienced encouraging capital growth over the past 18 months and is poised for further investment as the City of Cape Town continues rolling out the MyCiTi Phase 2A public transport network connecting Wynberg and Claremont with the Metro South-East corridor. Continued infrastructure investment is expected to further enhance accessibility and support long-term property values. Opportunities offering this combination of security, affordability, strong rental returns and future growth potential are becoming increasingly difficult to find. **Contact me today to arrange your private viewing before this exceptional opportunity is gone.**

Features

  • security

Good to know

What is the asking price?+

This apartment is on the market at R 399 000.

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 30 m².

Where is it located?+

It's in Wynberg, Cape Town.

Bond repayment

Estimated monthly repayment

R 3 892

On a R 359 100 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 399 000
Transfer duty (SARS)
R 0
Transfer & conveyancing (est.)
R 18 075

Estimated once-off costs

R 18 075

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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