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17 Lugmag, Kensington, Cape Town, Western Cape
R 2 195 000
Agents, this is a signed exclusive sole mandate; respect our sellers' choice of agency. Unlock immediate cash flow with this versatile, fully tenanted multi-unit property located in the sought-after Kensington suburb. This property is designed for maximum ROI. Income Details: Current rental income exceeds R23 000 per month Property Features: 2x one-bedroom units 2x two-bedroom units All units have private bathrooms, kitchens, and open-plan lounges. Investor Perks: All units have prepaid electricity meters, and the property is fully tenanted, allowing you to earn from the day of transfer. Location: Easy access to main transport routes and only minutes from Century City and Cape Town CBD
Estimated monthly repayment
R 20 728
on a R 1 975 500 bond over 20 years at 11.25%
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17 Lugmag, Kensington, Cape Town, Western Cape
Fair-value check
Priced highPriced 33% above comparable 6-bed houses for sale in Kensington
Based on 17 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Karabo Brown
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