10 February 2009

Sea Point: Don't Be Fooled By The Price - It's A Slum

Our regular Sea Point reporter PJ writes:
I saw this ad on Gumtree for a 90m2 flat in Sea Point going for R1.5 million. Don't let the price fool you, that block is a slum. I doubt the going rentals in that place will cover a quarter of the bond payment and maintenance costs (if there are any) must be huge.

What that photo doesn't show is immediately to your left is a Shoprite and directly across the road are a liquor store, both the biggest bergie magnets in Sea Point with various dodgy characters hanging around morning, noon and night.

5 comments:

Anonymous said...

And it faces away from the ocean so morning sun and afternoon cold...just perfect.

Anonymous said...

After this ad I think it is clear that some people are delusional. This place looks like the ones going in Brooklyn. 1.5M just because it is Seapoint? Delusional.

Anonymous said...

Just clicked on the link. Price now says R1.15 million!
Still, PATHETIC! That main road is full of nigerians, drug lords, hookers and every other bad thing COUGH Zuma supporters COUGH

Anonymous said...

"nigerians" :D nice...

Anonymous said...

@Boet: are you white?