← Previous
Next →
Active listing
Date added:
Oct 13, 2024
List price = R1.95m
Total investment required =
R2.1m
(US$140k)
Projected operating ROI =
19%±
Summary
Solid, safe and quiet area that is favoured by European tourists. Smaller, rentable apartments are harder to find in Oranjezicht, so this is quite a rare find, especially with a sizeable private garden area which adds a premium, this though may be offset somewhat by the ground floor positioning, which may affect the maximum rental rate and occupancy.
Specs
Gardens
42sqm
0.5 beds
1 baths
0 parking
Airbnb-friendly
Apartment
in XYZ Building
Renovation Concept
Our renovation proposal for this 1-bed studio transforms it into a wabi-sabi-inspired sanctuary, ideal for a young professional. We'll modernize the kitchen and bathroom with minimalist fixtures and high-quality natural materials, creating a sleek yet warm aesthetic. Floors will be upgraded to a soft-toned, natural wood or polished concrete to enhance the serene atmosphere. Outside, we’ll landscape the balcony and garden area with low-maintenance greenery and natural stone elements, turning it into an inviting extension of the living space. The overall result will be a tranquil, functional retreat that blends modern elegance with organic charm.
