R1,800,000

R1,800,000

3 Bedroom Freehold For Sale in Salt River
3
Bedrooms
1
Bathrooms
Print

Fix Me Upper Great Investment. Good value for money

Web Ref. SIR124037
Land size 89.00 m²
Floor size 89.00 m²
Monthly Bond Repayment
R17,669.58
Presents a compelling opportunity for investors, developers, or owner-occupiers seeking property in a rapidly evolving urban precinct. Salt River lies approximately 4 km from Cape Town’s CBD, making it a strategic location with strong accessibility to major business and transport routes.

The property is situated within a mixed-use area characterized by a blend of residential homes, light industrial buildings, creative studios, and commercial spaces. Over recent years, the suburb has experienced significant urban renewal and gentrification, attracting young professionals, students, and investors, which has contributed to rising property values in the area.

Properties along Fenton Road typically consist of traditional terraced homes or compact residential buildings, often with heritage elements and development potential. A nearby listing on the same street highlights properties that can include multiple bedrooms, open-plan living areas, and balconies with views of Table Mountain, offering both lifestyle appeal and redevelopment opportunities.

From an investment standpoint, the location benefits from proximity to key amenities, including public transport routes, rail infrastructure, and popular lifestyle destinations in nearby Woodstock and Observatory. The surrounding neighbourhood also supports mixed-use development and student accommodation demand, making the property suitable for rental conversion, renovation, or redevelopment projects.
Monthly Rates R600

Features

Interior
3 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
Exterior
Pet Friendly
Scenery / Views
Sizes
Land Size 89 m²
Floor Size 89 m²
Listing Info
Date Listed 14-03-26

Disclaimer

While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.