2 Bedroom Apartment in Cape Town City Centre
HIGH-YIELD APARTMENT PORTFOLIO & VACANT UNIT PRIME INVESTMENT OPPORTUNITY
Spacious 13 Two-Bedroom Apartments | R1,890,000 R2,799,000 | Investment & Lifestyle Potential
A selection of 13 premium two-bedroom apartments is currently available within the complex, ranging in size from approximately 50m2 to 157m2, with asking prices from R1,890,000 to R2,799,000.
INVESTMENT HIGHLIGHTS
- 13 two-bedroom apartments available
- Prices from R1,890,000 to R2,799,000
- Sizes ranging from approximately 50m2 to 157m2
- 12 units currently tenanted
- Estimated rental income of approximately R18,000 per month per unit
- 3 units offer 1.5 bathrooms
- Short-term rentals and Airbnb are permitted by the Body Corporate
- Excellent potential for both long-term and short-term rental strategies
- Secure basement parking included with each unit
This combination of existing rental income and flexible letting options creates an attractive proposition for investors looking to acquire property with an established income stream.
FEATURED UNIT | R1,890,000
Two Bedrooms | One Bathroom | 2nd Floor | Vacant
The currently available vacant unit is priced at R1,890,000 and offers immediate occupation.
The apartment features a spacious, light-filled layout and is ideally suited to an investor, young professional, couple or small family.
Status: Vacant and ready for occupation.
EXCLUSIVE BUILDING AMENITIES
Rooftop Deck & Swimming Pool
Enjoy panoramic views extending towards Table Mountain and the Cape Town city skyline.
247 Security
Manned security and controlled access provide an additional level of safety and peace of mind.
Secure Parking
One secure, covered basement parking bay is included with each apartment.
Utilities
Prepaid electricity meters with monthly metered water billing.
Kitchen
Fitted with a Smeg oven and stove.
MONTHLY PROPERTY COSTS
Levy: R4,188
Rates: R914
AN INVESTMENT OPPORTUNITY WORTH INVESTIGATING
With multiple units available, established tenancies and the added flexibility of short-term letting, this opportunity provides investors with the ability to select a property according to their preferred budget, rental strategy and investment objectives.
The R1.89 million vacant apartment provides an accessible entry point, while the larger units offer opportunities for investors seeking greater floor area and potentially higher rental income.
Properties offering this combination of location, rental income and letting flexibility are highly sought after.
Contact us today to arrange a private viewing
Property details
- Listing number T5610168
- Property type Apartment
- Listing date 3 Sep 2026
- Rates and taxes R 914
- Levies R 4 188
Property features
- Bedrooms 2
- Bathrooms 1
- Lounges 1
- Dining areas 1
- Open parking 1
- Balcony
- Pool
- Security post