10 Bedroom Apartment in Cape Town City Centre

Invest in a full floor of income generating residential units, perfectly positioned in Cape Towns iconic Long Street. This 380m2 floor comprises 10 fully renovated studio apartments, each finished to a modern standard and ideal for the long term rental market.

With lift access, secure common entry, and a prime location in the heart of the city, this opportunity offers strong upside for seasoned investors.

Currently partially tenanted with long term leases in place that have 10% annual escalations, the floor has a fully let potential income of R80,000/month. If one was to turn these into short term let properties this yield would have a potential to be significantly higher.

Highlights:

Sectional title ownership of entire floor

10 modern studio apartments

Strong fully let yield

Lift & stair access

Central location near restaurants, transport, and universities

Ideal for long term or short term rentals

This is a rare opportunity to secure a full floor of residential units in Cape Town CBD with strong yield potential and growth upside.