Web Ref No RL15212

An unique opportunity to buy a complex of Thirty (30) modern 2-bedroom apartments situated in Vredekloof East/De Bron, Brackenfell for R35,7mill

Take note: here is an excellent opportunity for investors to buy all 30 apartments for R35.7 million from the current owner. The trust is selling off all of its property portfolio in the Western Cape. This complex would be perfect for long-term unfurnished rentals at R8,500+/month, furnished rentals at either R11,500+/month or R800 or more per day. Being in close proximity to the Capegate Medi Clinic, there is a desperate need for overnight facilities for families visiting a family member in hospital. A combination of these options would be suggested. Another suggestion would be to turn the complex into a student residence, being in close proximity to the N1 and the R300, thus in less than 15 minutes' drive to, among others, the University of the Western Cape and the University of Technology.

Each unit of 53-54 sqm offers an open-plan living area adjacent to a modern and compact kitchen with a washing machine connection, a built-in stove and breakfast nook, two decent-sized bedrooms with built-in cupboards, and a full bathroom with a shower, basin, and toilet. Each apartment also has one allocated parking bay included.

Vredekloof Park is conveniently positioned close to brilliant schools, all major access routes, including the N1, and within walking or driving distance from Capegate shopping centres, the Okavango SuperSpar, and the Capegate Medi Clinic. Brilliant restaurants are less than 5 minutes away.

(Please note: the photos in this advertisement are only of 3 of the apartments that are currently empty, just to give you an idea of what is on offer. The condition of them individually does differ and they are not exactly the same.)

Contact me as soon as possible for a viewing.