2 Bedroom Apartment in Sea Point

92m2 Apartment | 17m2 Garage | 8m2 Storeroom | Excellent Investment Opportunity

Situated on the second floor of a beautifully maintained Art Deco-style building in the heart of Sea Point, this stylishly renovated apartment offers the perfect combination of classic architectural charm and modern living.

With generous natural light, contemporary finishes and partial sea views, the apartment offers a comfortable and inviting living space, complemented by a large lock-up garage and separate high-ceiling storeroom.

The building has been exceptionally well maintained, with ongoing upkeep and a well-managed body corporate adding to its appeal.

Ideally positioned within walking distance of the Sea Point Promenade, popular restaurants, cafs, shops and everyday conveniences, this property offers an excellent opportunity for investors and future homeowners alike.

Property Features

92m2 beautifully renovated apartment

2 bedrooms, including a versatile second bedroom previously used as an open-plan study

The second bedroom has been enclosed with drywall partitioning and a door, allowing the original open-plan study layout to be easily restored

2 modern bathrooms, including an en-suite

Open-plan kitchen and living area with abundant natural light

Partial sea views from the living area

Modern kitchen with gas stove and two plumbing points

17m2 secure lock-up garage

8m2 separate storeroom with high ceilings

Beautifully maintained Art Deco-style building

Second-floor position with stair access only no lift

Secure building in a prime Sea Point location

Pet Policy: No pets permitted under the current Body Corporate Conduct Rules.

Excellent Investment Opportunity

The apartment is currently tenanted, providing an immediate rental income for an investor.

Current rental: R28,000 per month

Annual rental income: R336,000

Lease expiry: 30 June 2027

Monthly levies: Approximately R2,949

Municipal rates: Approximately R1,933 per month

Furniture: May be purchased separately, subject to agreement

The existing lease provides an established rental income, with the opportunity for personal occupation once the lease expires, subject to the lease terms.

Prime Sea Point Location

Enjoy the convenience of living within walking distance of the iconic Sea Point Promenade, excellent restaurants, coffee shops and shopping facilities, with easy access to the Cape Town CBD and the wider Atlantic Seaboard.

Combining the character of a classic Art Deco-style building with modern interiors, sea views, generous storage and secure parking, this property offers an appealing combination of lifestyle and investment potential.

Contact M Worx Property Partners to arrange a private viewing.