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R 450 000 Bond Calculator | 1 Bedroom Apartment / Flat for Sale in West Hill

33 African Lodge, 47 African Street, West Hill, Grahamstown

1 1 1
Erf Size: 2 033 m²

Investor's Gem – High-Demand Bachelor Unit Near Rhodes University

Discover a highly sought-after investment opportunity in this top-floor bachelor unit. Spanning 31 square meters, this comfortable, airy, and bright space is perfectly positioned for convenience and rental appeal especially for more senior students. The rental income for 2025 is R4725 and could be R6500.
Highlights of the Property:
• Low-Maintenance Complex: The face brick exterior reduces upkeep costs, adding long-term value.
• Prime Location: Situated within walking distance to Rhodes University and right near Pepper Grove Mall, Spar, and other essentials.
• Convenient Layout: Open-plan lounge/bedroom area flowing into a kitchenette, complete with a two-plate stove and an under-counter bar fridge.
• Updated Bathroom: The bathroom has been refreshed to provide comfort and style.
• Outdoor Space: A tiled balcony with an attractive view.
• Secure & Well-Managed: Gated access with Gate Keeper, CCTV surveillance, and secure off-street parking ensure a safe environment for tenants.
• Additional Features: Four water tanks feed directly into the 36 units, and a prepaid electricity meter allows tenants to manage their usage.

This unit has been home to a satisfied tenant for the past three years, underscoring its rental appeal. With spacious grounds and everything one needs just steps away; this is an ideal property for investors seeking a dependable and high-demand rental unit.


Property Overview

Listing Number
115207149
Type of Property
Apartment / Flat
Street Address
33 African Lodge, 47 African Street, West Hill
Erf Size
2 033 m²
Floor Area
31 m²
Price per m²
R 14 516
Levies
R 700
No Transfer Duty
Yes
Rates and Taxes
R 323
Age
37
Pets Allowed
No
Floor Number
2

Rooms

Bedroom
1
Bedroom 1
Tiled Floors, Balcony, Curtain Rails, Built-in Cupboards
Bathroom
1
Bathroom 1
Has been upgraded, Tiled Floors, Basin, Shower, Toilet
Kitchen
1
Kitchen 1
, Breakfast Nook, Fridge, Tiled Floors, Curtain Rails, Open Plan

External Features

Parking
1
Parking 1
Visitors Parking, Secure Parking, Single

Building

Standalone Building
Yes
Number of floors
2
Backup Water
Water Tank

Other Features

Security
1
Security 1
Totally Fenced, Electric Gate, Security Gate, Burglar Bars, Safe
Special Features
1
Special Features 1
Satellite Dish, Driveway, Paveway, Balcony


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Agents

Monika Gaybba
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Richard Gaybba
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