Apartment for sale
Perfect low-maintenance base for UCT students or investors, minutes from campus and Groote Schuur, ground-floor open-plan studio in a secure complex — strong rental potential.
Calling all investors, parents of UCT students and renovation enthusiasts.
Situated in one of Cape Town`s strongest rental markets, this ground-floor studio apartment offers an affordable entry into the highly sought-after Mowbray property market.
While the apartment would certainly benefit from some cosmetic upgrading, it presents an excellent opportunity to add value and create an attractive student or young professional rental.
Positioned just minutes from UCT, Groote Schuur Hospital, major transport routes and popular amenities, demand for well-priced rental accommodation in this area remains consistently strong.
Whether you`re looking to renovate and rent, renovate and resell, or secure a low-maintenance investment in a high-demand suburb, this property offers plenty of potential.
Features:
Ground floor unit
Open-plan studio layout
Functional kitchenette
Excellent investment potential
Secure complex
Highly sought-after rental location
Close to UCT, Groote Schuur Hospital and public transport
With vision and a little TLC, this could become an excellent income-producing asset.
Don`t miss this opportunity to invest in one of Cape Town`s most resilient student rental markets.
Listed for sale at R675,000
Compared with 646 active listings in Cape Town.
Insight
Priced 76% below the local median — and below the typical range for Cape Town.
The lower price may partly reflect the smaller floor size. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Good value · based on 608 listings
More compact · based on 608 listings
Market depth
646 listings
Similar homes town-wide
146 days
Median time on market
Many similar homes
Active across Cape Town
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Mowbray is a centrally located, historic suburb that offers residents a convenient lifestyle with excellent access to major transport routes, top-tier educational institutions, and a vibrant mix of heritage architecture and modern amenities.
