5 Bedroom Bo Kaap Opportunity
Having received the Guest Review Award in 2018 from Booking.com and this only for the rental of the newly renovated 2 bedroom downstairs area, how much more could an investor not achieve by modernising the top section of this property? Immersed in cultural diversity and heritage the area boasts lots of tourist attractions including the famous “koeksister hill”, Biesmiellah Restaurant and the brightly coloured former slave homes which are all within walking distance. Located in Upper Bloem Street in the historically rich neighbourhood of Bo Kaap, this property offers panoramic views of Table Mountain, Signal Hill and Devils Peak. The V&A Waterfront and Cape Town CBD are but a stone’s throw away from this original split level home. Top level consists of: Entering through enclosed porch into a long passage which leads to separate lounge and dining areas with parquet flooring. One can be converted to another bedroom. 3 full, high ceiling bedrooms of which 2 has BIC and all rooms have parquet flooring. The sunny kitchen has BIC and is tiled. The bathroom has a basin and bath with overhead shower. Separate guest loo. Bottom level consist of: 2 bedrooms both with en-suites and built-in cupboards. Fully-fitted kitchen with oven. Open-plan lounge area. The backyard has a separate toilet and store room. Side access from the front of the house to the back section for privacy. Off-street parking currently for 1 car, however if the front fence is removed it could create parking for an additional 2 cars off-street. The newly renovated 2 bedroom bottom level is currently being leased at R8500.00 per month (6 month lease until Nov 2019). The property rates are ±R1192 per month.