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R1,100,000 | 0.5 Bedroom Studio Apartment For Sale in Cape Town City Centre

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R1,100,000

Monthly Bond Repayment R11,354.07
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Monthly Levy
R1,120
Monthly Rates
R350

Micro Apartment in The Heart of the City

Available for Sale – Micro Apartment in the Heart of Cape Town City Centre

This is a fantastic opportunity to own a micro apartment in one of Cape Town's most vibrant neighborhoods, perfectly suited for both short-term and long-term rentals. Whether you're looking to invest in a highly profitable Airbnb property or simply secure a stylish urban home, this apartment offers the best of both worlds.

Key Investment Highlights:

Short-Term Leases Allowed: The apartment is currently performing exceptionally well on short-term rentals (Airbnb), consistently generating an average rental income of at least R12,300 per month over a 12-month period.
Long-Term Leases Also Permitted: Whether you prefer to rent it out long-term or continue with short-term letting, the property offers great flexibility to meet your investment needs.
Furnishing Option: The owner is willing to sell all the furniture for an additional R20,000, making it a seamless transition for a buyer looking for a fully furnished, ready-to-let property.
Apartment Features:

Fully Furnished: The apartment comes fully furnished, ensuring a comfortable and hassle-free living experience for both you and your guests. Thoughtfully designed, it maximizes the use of space to provide a functional and welcoming environment.
Wi-Fi Ready: The building is Wi-Fi ready, allowing you to stay connected whether you’re working remotely, browsing the internet, or staying in touch with loved ones.
Location:

Vibrant City Centre: This apartment is located in the heart of Cape Town, just a stone’s throw away from the iconic Long Street and Kloof Street—two of the city's most popular and bustling areas.
Long Street: Known for its lively nightlife, Long Street offers a wide range of restaurants, bars, and clubs, providing the perfect spot to enjoy Cape Town’s energetic atmosphere.
Kloof Street: Just a short walk away, Kloof Street boasts a collection of trendy cafes, boutiques, and art galleries, offering an ideal mix of shopping, dining, and cultural experiences.
The Ideal Location for City Living or Investment:
This apartment offers an unbeatable location for those who want to experience the best of Cape Town. Whether you're in town for work, pleasure, or a combination of both, this property positions you within walking distance of Cape Town's finest attractions, dining, shopping, and entertainment. Its central location also means easy access to public transport and major routes, providing convenience for daily life or your guests’ convenience.

Perfect for Investors or City Dwellers:
This micro apartment is not only a great investment opportunity, but it also offers a stylish and practical space for anyone looking to enjoy life in Cape Town’s energetic city centre. Ideal for business travelers, tourists, or young professionals seeking a chic home base in the heart of the city.

Don’t miss out on this opportunity to own a property that offers both lifestyle and great returns.

Contact me today to arrange a viewing or inquire further about this exciting investment opportunity!

Features

0.5
1
Pets Allowed
No
Interior
Bedrooms
0.5
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
24m²
Land Size
26m²
Marcell Bester
Marcell Bester
Principal Property Practitioner Registered with PPRA
(FFC 2023219189)
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