NEW
EXCLUSIVE MANDATE
Web Ref RL8566
R1,899,000
Monthly Bond Repayment R18,959.23
Calculated over 20 years at 10.5% with no deposit.
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Monthly Levy
R1,831.53
R1,831.53
Monthly Rates
R587.63
R587.63
Well Maintained 2 Bedroom Apartment in Sought After Chestnut Grove, Wynberg Upper
Located in the sought-after Chestnut Grove complex in Wynberg Upper, this well-kept two-bedroom apartment offers comfortable living in a prime and convenient setting.
Both bedrooms are fitted with built-in cupboards, while the generously sized, renovated bathroom is equipped with a shower, basin, and toilet. The spacious kitchen provides plumbing for two appliances and offers ample cupboard and shelving space, combining functionality with modern appeal.
The kitchen flows effortlessly into a bright and spacious lounge, which leads out to a small private balcony, an ideal spot to enjoy your morning coffee or some fresh air. The apartment is carpeted throughout, with vinyl flooring featured in the kitchen, lounge, and bathroom areas.
Residents of the complex benefit from a range of communal facilities, including a swimming pool, washing line area, and a dedicated recycling and refuse room.
Conveniently located with easy access to both the M3 and M5 highways, the apartment is close to several leading schools, including Springfield Convent School, Wynberg Girls’ High School, and Wynberg Boys’ High School. The popular cafés and boutique shops of Chelsea Village, including the well-known Four & Twenty Café, are also just a short drive away.
The property is currently tenanted until 30 April 2027 and generates a monthly rental income of R13,500, presenting an attractive investment opportunity. With an anticipated gross rental yield of 8.5%, the apartment compares favourably within the healthy South African residential property market average of 7% to 9%.
Whether you are a first-time buyer, working professional, or investor, this apartment offers a secure and well-positioned home in the heart of the Southern Suburbs.
Contact me, your dedicated Sales Agent in Wynberg Upper, to arrange a viewing.
Both bedrooms are fitted with built-in cupboards, while the generously sized, renovated bathroom is equipped with a shower, basin, and toilet. The spacious kitchen provides plumbing for two appliances and offers ample cupboard and shelving space, combining functionality with modern appeal.
The kitchen flows effortlessly into a bright and spacious lounge, which leads out to a small private balcony, an ideal spot to enjoy your morning coffee or some fresh air. The apartment is carpeted throughout, with vinyl flooring featured in the kitchen, lounge, and bathroom areas.
Residents of the complex benefit from a range of communal facilities, including a swimming pool, washing line area, and a dedicated recycling and refuse room.
Conveniently located with easy access to both the M3 and M5 highways, the apartment is close to several leading schools, including Springfield Convent School, Wynberg Girls’ High School, and Wynberg Boys’ High School. The popular cafés and boutique shops of Chelsea Village, including the well-known Four & Twenty Café, are also just a short drive away.
The property is currently tenanted until 30 April 2027 and generates a monthly rental income of R13,500, presenting an attractive investment opportunity. With an anticipated gross rental yield of 8.5%, the apartment compares favourably within the healthy South African residential property market average of 7% to 9%.
Whether you are a first-time buyer, working professional, or investor, this apartment offers a secure and well-positioned home in the heart of the Southern Suburbs.
Contact me, your dedicated Sales Agent in Wynberg Upper, to arrange a viewing.
Features
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchen
1
Reception Rooms
1
Furnished
No
Exterior
Security
Yes
Parkings
1
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
64m²
