R 3 978 000
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2 Bedroom Apartment in Cape Town City Centre

2 2 102 m² 102 m²

The ICON [removed] 2 Bed Investor Opportunity

An exceptional opportunity to secure a premium apartment at an attractive entry price of only R39,000 per square meter one of the most competitive rates in the Cape Town City Centre. This price point offers buyers and investors a strategic entry into a high-performing building with proven rental demand.

The Icon Building continues to deliver consistent returns, thanks to its prime location on the doorstep of the V&A Waterfront and the CTICC. Whether you are seeking a lock-up-and-go lifestyle, or a solid investment property, this apartment checks every box.

Key Features:

2 Bedrooms, 2 Bathrooms

2 Secure underground parkings

Fully furnished

Balcony with city views

Pet friendly

Access to communal pool and gym facilities

24-hour security and concierge service

Short-term rentals permitted (ideal for Airbnb investors)

Investment Advantages:

Priced at just R39,000 per square meter, making it one of the lowest entry points in the city centre.

VAT applies instead of transfer duty

For VAT-registered businesses, there is the potential to structure a zero-rated VAT transaction.

Multiple units available, giving investors options to scale their portfolio within the same development.

This is a rare chance to enter Cape Towns central property market at a highly competitive rate, with a product that appeals equally to investors and lifestyle buyers.

Property details

  • Listing number T5215626
  • Property type Apartment
  • Listing date 3 Sep 2025
  • Land size 102 m²
  • Floor size 102 m²
  • Rates and taxes R 1 109
  • Levies R 2 692

Property features

  • Bedrooms 2
  • Bathrooms 2
  • Lounges 1
  • Dining areas 1
  • Pool
  • Security post
  • Study

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