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Zonnebloem, Cape Town City Bowl, Western Cape
ID 1722256

2 Bedroom Property for Sale in Zonnebloem Western Cape
2 Bedroom Property for Sale in Zonnebloem Western Cape
2 Bedroom Property for Sale in Zonnebloem Western Cape
2 Bedroom Property for Sale in Zonnebloem Western Cape
2 Bedroom Property for Sale in Zonnebloem Western Cape
R 1 350 000

Apartment/Flat

1.0

2

6m2

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Apartment/Flat

1.0

2

6m2

Property features

  • R 1 350 000
  • 2 Bedrooms
  • 1.0 Bathrooms
  • 1 Living Room/s
  • Garage for 0  car/s
  • Outside Parking for 1 car/s
  • Rates 
  • Student Residence

Property Details

INVESTOR FACT SHEET: Zonnebloem Cash Play 2-Bed | Springfield Terrace | Price Repositioned & Open to Offers A transparently positioned, immediate cash-generating asset on the CBD fringe. The price has been heavily adjusted to account for the current condition of the building complex, making it a pure, high-performance yield play for a seasoned buyer. The Current Status Original Mandate: R1,350,000 Status Update: The seller acknowledges the deferred building maintenance and is bypassing standard bank-financed retail buyers. Priced for a direct cash exit. Latest Investor Offer Logged: R850,000 / Open to higher unconditional cash offers) Property & Location Metrics Location: Springfield Terrace, Zonnebloem (Old District Six footprint) Specs: 2-Bed, 1-Bath Sectional Title (66 m²) Interior: Neat, structurally sound, updated built-in cupboards (BICs) Tenant: Stable, reliable, paying occupant in place who wishes to remain Target Corridor: Bulletproof rental demand pocket—walking distance to CPUT and Cape Town CBD The Investor Arbitrage No Interior Capex: The flat itself is clean and modernized inside; capital isn’t trapped in immediate interior renovations. Day-1 Revenue: Zero tenant acquisition cost or vacancy risk. Cash flow starts on registration. The Play: Acquiring a highly strategic geographical footprint at a distressed entry price, with pure long-term upside on the underlying land value. Terms of Engagement The property is sold as-is regarding the building's exterior management challenges. All serious, unconditional cash offers or specialized finance proposals will be put forward to the sellers immediately.

Gregory MacDonald Properties

0785280006
[email protected]
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