29 Bedroom Apartment in Cape Town City Centre

A unique investment opportunity: the acquisition of three full floors of income producing studio apartments located in a vibrant area of Cape Town. This 1,115m2 portfolio, situated within a sectional title building on Long Street, comprises 29 renovated studio units, specifically designed for long or short term leasing.

Each floor operates as a separate sectional title, offering flexible resale strategies in the future. With current partial occupancy and a projected full rental income of approximately +-R240,000 per month from long term leasing, this investment is poised for both immediate cash flow and substantial capital appreciation. It is ideally suited for investors seeking an income producing asset in a prime urban location, supported by long term lease agreements and annual escalations.

The portfolio summary is as follows:

Three separate sectional title floors (approximately 380m2 each)

29 modern, tenant ready studio apartments

Convenient lift and stair access

Central Cape Town CBD location, providing easy access to amenities

Long-term rental strategy with 10% escalations

Recently upgraded interiors

This opportunity offers a passive income stream and long term growth potential, representing a ready to deploy residential portfolio within the CBD that combines scale, prime location, and strong yield.