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Oranjezicht Ground Floor Studio

Oranjezicht Ground Floor Studio

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Date added:

Oct 13, 2024

Oranjezicht Ground Floor Studio

Oranjezicht Ground Floor Studio

Oranjezicht Ground Floor Studio

List price = R1.95m

|

Total investment required =

R2.1m

(US$140k)

|

Projected operating ROI =

19%±

Summary

Solid, safe and quiet area that is favoured by European tourists. Smaller, rentable apartments are harder to find in Oranjezicht, so this is quite a rare find, especially with a sizeable private garden area which adds a premium, this though may be offset somewhat by the ground floor positioning, which may affect the maximum rental rate and occupancy.

Specs

Gardens

Gardens

42sqm

42sqm

0.5 beds

0.5 beds

1 baths

0 parking

0 parking

Airbnb-friendly

Apartment

in XYZ Building

in XYZ Building

Renovation Concept

Our renovation proposal for this 1-bed studio transforms it into a wabi-sabi-inspired sanctuary, ideal for a young professional. We'll modernize the kitchen and bathroom with minimalist fixtures and high-quality natural materials, creating a sleek yet warm aesthetic. Floors will be upgraded to a soft-toned, natural wood or polished concrete to enhance the serene atmosphere. Outside, we’ll landscape the balcony and garden area with low-maintenance greenery and natural stone elements, turning it into an inviting extension of the living space. The overall result will be a tranquil, functional retreat that blends modern elegance with organic charm.

* Images from Pinterest for inspiration only.

Financials

Disclaimer
- Input figures are assumptions
- Rentals are our best guess estimate.... not to be relied on. Can vary depending on your preferred tenant frequency, property management method (e.g yourself vs outsourcing)..
- Do your own research
- Expenses do not include property management fees should you decide to outsource to a third party

Discuss this property with us

Discuss this property with us

Discuss this property with us

Click the link below to get our two cents on whether this property would be a good fit for your portfolio.

Click the link below to get our two cents on whether this property would be a good fit for your portfolio.

Based in Cape Town but available globally for projects

Get in touch

© Tangerine Studio (Pty) Ltd. All rights reserved 2025

Based in Cape Town but available globally for projects

Get in touch

© Tangerine Studio (Pty) Ltd. All rights reserved 2025

Based in Cape Town but available globally for projects

Get in touch

© Tangerine Studio (Pty) Ltd. All rights reserved 2025

Based in Cape Town but available globally for projects

Get in touch

© Tangerine Studio (Pty) Ltd. All rights reserved 2025