R1,595,000 • 3 bedroom Flat/Apartment for sale in Zonnebloem

Zonnebloem, Cape Town

63m²

A Ready-Made Student Investment with Income Potential

This three-bedroom unit in Centreville presents an exciting opportunity for investors looking to secure a property with an established income-generating use. Currently utilised as student accommodation, the property offers the potential for excellent occupancy and consistent rental returns, making it an appealing addition to an investment portfolio. Please note that the photographs reflect the property before the lounge was converted into the third bedroom, so the current configuration differs slightly from what is shown. The unit is nevertheless ready to continue serving its purpose as a student investment, with its three-bedroom setup offering strong rental potential. Priced for opportunity, this is a chance to secure an income-producing property at an attractive price and put your investment to work from day one.

Features

3 bedrooms

1 bathroom

1 kitchen

1 pool

Size & Coverage

63m² • Erf Size

63m² • Floor Size

Rates & Levies

R500 • Rates

R1,150 • Levies

Calculator

Bond Repayment

Affordability

Bond & Transfer

Capital Gains Tax

Purchase Amount (R)

Deposit (R) (Optional)

Interest Rate (%)

Loan Term (Yrs)

Monthly Bond Payment

R 15,924

Once-off Costs

R 94,604

Deposit R 0

Bond Registration R 36,583

Property Transfer R 58,022

View bond and transfer cost breakdown

Gross Monthly Income Required

R 53,081

What do I qualify for based on my income?

Disclaimer: This calculator uses the prime interest rate by default for bond payment calculations. Please note that the actual interest rate offered by your bank may vary. Capital gains tax estimates are based on 2025/2026 South African tax year rates and exclusions. The results provided are estimates based on the entered amounts, rates, and fees and are intended for informational purposes only. While every effort is made to ensure accuracy, we cannot guarantee that the calculations are error-free or applicable to your specific circumstances. Consult a qualified tax professional for advice. We disclaim all liability for any inaccuracies or damages resulting from the use of this tool.