Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.
R 13 999 000

Apartment / Flat for Sale in Maitland

  • Floor Size 714 m²
Unlock an 11% Yield in the Heart of Maitland – A Rare Investment Opportunity

Dear Investor

This four-story gem in Maitland, Cape Town, is a savvy investor’s dream. Boasting 18 fully-let units, ranging from 30m² to 62m², this apartment block is as lucrative as it is stylish. Perfectly positioned near major highways and transport routes, it offers tenants seamless access to the Cape Town CBD, bustling suburbs, and essential amenities.

Maitland is where diversity meets opportunity—a thriving blend of residential and commercial energy that keeps demand high and tenants happy.

Each unit is designed for modern living, featuring 2 bedrooms, a sleek bathroom, and an open-plan kitchen flowing effortlessly into a cozy lounge. The layout strikes the perfect balance between functionality and comfort, catering to tenants seeking a secure, stress-free lifestyle. With the entire block fully gated, safety is a top priority, ensuring peace of mind...

Dear Investor

This four-story gem in Maitland, Cape Town, is a savvy investor’s dream. Boasting 18 fully-let units, ranging from 30m² to 62m², this apartment block is as lucrative as it is stylish. Perfectly positioned near major highways and transport routes, it offers tenants seamless access to the Cape Town CBD, bustling suburbs, and essential amenities.

Maitland is where diversity meets opportunity—a thriving blend of residential and commercial energy that keeps demand high and tenants happy.

Each unit is designed for modern living, featuring 2 bedrooms, a sleek bathroom, and an open-plan kitchen flowing effortlessly into a cozy lounge. The layout strikes the perfect balance between functionality and comfort, catering to tenants seeking a secure, stress-free lifestyle. With the entire block fully gated, safety is a top priority, ensuring peace of mind for residents and investors alike.

Here’s the clincher: this property is fully occupied and generating a robust 11% yield—a rare find in today’s market. With strong tenant demand, an unbeatable location, and a track record of consistent income, this is more than just an investment—it’s a smart move.

Opportunities like this don’t stay on the market for long. Ready to add a standout performer to your portfolio? Act now and secure this Maitland marvel!

Listing number: P24-115270824, Image number: 1
Listing number: P24-115270824, Image number: 2
Listing number: P24-115270824, Image number: 3
Listing number: P24-115270824, Image number: 4
Property Overview
Listing Number
115270824
Type of Property
Apartment / Flat
Lifestyle
Complex
Listing Date
26 November 2024
Erf Size
714 m²
Floor Size
714 m²
Price per m²
R 19 606
Levies
R 9 693
Rates and Taxes
R 5 460
Bedroom
34
Built-in Cupboards, Laminated Floors
Domestic Rooms
1
1
Outbuilding
1
Staff Quarters/Domestic Rooms
Style
A-frame
Facing
Level Road
Standalone Building
Yes
Number of floors
4
Security
security guard
Electric Gate, 24 Hour Response, 24 Hour Access, Guard House, Guard, Perimeter Wall, Safe
Nearby Public Transport
Bus, Train, Minibus Taxi
Generator
No
Backup Water
Yes
Loading Loading

Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
Loading Loading

Contact Agent

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with Property24’s
Terms & Conditions and Privacy Policy.

Contact Agent

(* Please enter phone number so the agent can contact you.)
By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

Share

PrintPrint
Brochure
Loading