Lease

Claremont

32 & 34 CHICHESTER ROAD for Sale in Claremont

Cape Town, Western Cape

Live Auction

2025-04-10 12pm | King David Mowbray Golf Club, Cape Town

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This development opportunity in Claremont presents an excellent investment for those looking to capitalize on rental income potential in a prime location. The property consists of six units, including a 4-bedroom house, two 3-bedroom houses, a 1-bedroom flatlet, and two studio flatlets. With the potential to generate an estimated R1.3 million in rental income annually, this development offers a stable and attractive cash flow for investors. Additionally, the property boasts approximately 560m² of additional developable bulk, providing further room for expansion and value creation.

Situated in Claremont, one of Cape Town's most sought-after suburbs, the property is ideally located close to all essential amenities such as shopping centers, schools, and healthcare facilities. The upcoming extension of the MyCiti Bus route to pass directly by the property will further enhance accessibility, making it even more appealing for future tenants. Whether you are looking to add to your property portfolio or develop the site further, this opportunity presents a promising combination of convenience, growth potential, and steady income generation.

Township: Cape Town
Erf Number: Erf 53565 & 53592, Claremont
Erf Size: 417m² and 459m²
Total GLA: 470m²
VAT Registered: No

Municipal Information:
Municipality: City of Cape Town
Monthly Rates: ± R3,039

Title Deed Information:
Number: T59005/2003 & T55917/1997
Registration Date: 2003/06/30 & 1997/06/19
Municipal Area: City of Cape Town

Building for Sale

Building	Type	Price	Size
32 & 34 Chichester Road, Claremont	House	R 0	470 m²

* all prices quoted include VAT and are subject to T&C's.

Location

Vibeke McCleland

Property Specialists

068 125 2964

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