2 Bedroom Apartment in Cape Town City Centre

- Mixed-use building in Cape Towns Waterkant Street

- Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month

- Existing spacious 2-bedroom, 2-bathroom apartment first and top floor with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors

- Currently tenanted and receiving R35,000month rental income Apartment up to 30 September 2026 with potential Air B&B income of R48.000 per month

- Modern apartment features:

- Ample kitchen cupboard space

- Fashionable centre island and extractor fan

- Spacious rooms, lounge, and dining area

Furniture included!

Includes a well sized balcony and inside fireplace.

Two secure parking bays

Investment potential:

- Prime location in busy Waterkant Street Cape Town

- Existing Commercial and residential tenant provides immediate income stream totalling R83.000-00

- Opportunity to expand and increase rental income

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