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Relaxed ground-floor living with a private patio framing Table Mountain, modern open kitchen and low-maintenance vinyl floors — perfect starter home or high-yield investor opportunity, 2 bed, 1 bath.
This apartment is priced to SELL!!! Listed way below market value, Owner is immigrating....
Currently tenanted at R12 500.00/ month giving the next owner/ Investor an ROI of approx 10%. DO NOT MISS OUT.
Modern Ground Floor Apartment offers exclusivity like no other.
Unit Features:
Modern Finishes.
2 Bedrooms.
1 Bathroom with Large Shower.
Modern open Kitchen, Living area leading onto a lovely private patio looking into Table Mountain.
Fibre installed to all units
Built-in cupboards in bedrooms and kitchen
Engineerd stone kitchen counter tops
Washing machine/dishwasher point in kitchen
Vinyl flooring for low maintenance
Clever site design with natural lighting
Centralised, energy efficient, heat pump hot water system
Hot and cold water meters installed to each apartment
Pre-paid electricity meters to each apartment
Modern sanitary finishes
No allocated parking bays - ample provision made
Development features (now and planned):
Two affordable private schools & three creches
Convenient retail centre & Sports field
Medical facilities
Doggy day-care
Retirement Village with Frail Care facility
Community centre with number of pocket parks
Electrified perimeter fencing
Biometric access controlled with LPR-cameras
On public transport routes (Mutual Station and future MyCiti)
High-demand rental area
Ideal location with easy access to major freeways
Call me for your private viewing and more information
Listed for sale at R1,400,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 322 listings in Cape Town (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 35% below the median. Floor size is 32% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 13,743 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
322 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 138 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Thornton is a well-established, family-friendly suburb offering a convenient location with access to amenities and transport links, making it an appealing residential area.
* Distances and amenities are approximate.
