Positioned on the lower floors of the iconic Tygerberg apartment block, this 1 bedroom apartment allows for easy walk up or elevator access. The floorplan is laid out cleverly, allowing an open plan kitchen, spacious living room and a large bedroom with ample space for up to a King Size bed. A double row of built in cupboards lead to the bathroom with loo, basin and shower. An entire wall of the apartment consists of large glass sliding windows, allowing plenty of natural light, air and city and hillside views.
The block is well regarded as an investors delight when it comes to rental returns, with a healthy mix of the original owner occupiers still living in the development along with reliable tenants from the nursing and retail community who pay a premium in rent to have main transport hubs, shopping, childcare and places of work at their doorstep. At the asking price, after levy and municipal deductions, this unit currently offers an excellent 0.83% rental yield - which could still be improved upon. The block is retro, safe, clean and well run with 2 x 24 hour caretakers living and working on site. Recent refurbishments include a sleek new elevator system, and high security biometric access points for occupants.
Enquire to book your viewing now - these are a honey for the money!
