Studio Apartment in Cape Town City Centre

An opportunity to acquire an existing, fully furnished Airbnb investment in the heart of Cape Towns vibrant East City precinct.

Positioned on the first floor of The Harri on Harrington Street, this 24.5 sqm studio is already operating as a short-term rental, offering an investor the advantage of purchasing a furnished, established unit rather than starting from scratch.

Compact, contemporary and designed for modern city living, the apartment makes clever use of its footprint with a functional living and sleeping area, fitted kitchen and bathroom. It is sold fully furnished, making it a genuine turnkey proposition for a purchaser looking to continue operating the property within the short-term rental market.

Built for Modern City Living

One of The Harris biggest advantages from an investment perspective is the lifestyle offered beyond the apartment itself. The building provides residents and guests with an extensive collection of shared spaces designed around the way people increasingly live, work and travel.

These include:

- Rooftop terrace with braai and entertainment area

- Co-working spaces and hot desks

- Three dedicated Zoom rooms

- Communal lounges and TV room

- Conference and meeting facilities

- Communal dining area and kitchenette

- On-site concierge

- Communal laundry facilities

- 24-hour security-controlled access

- Access control and monitored CCTV

- Lift access

For short-term guests, particularly remote workers and longer-stay visitors, the ability to work, meet, relax and entertain within the building adds another dimension to a compact city apartment.

The Harri is positioned within Cape Towns East City precinct, an energetic pocket of the CBD known for its mix of restaurants, coffee shops, bars, design-led businesses and independent retailers.

Popular city destinations including Truth Coffee and New York Bagels are within the surrounding neighbourhood, while the location provides convenient access to the wider City Bowl, Gardens, District Six, the Foreshore and Cape Towns major arterial routes.

An Existing Airbnb Investment

- Rather than purchasing an empty apartment and then furnishing and preparing it for the short-term rental market, Unit 102 offers the opportunity to step into a property that is already being used as an Airbnb.

- For an investor, this means the property can be assessed not only on its location and features, but also against its existing short-term rental history and performance.

The apartment is equally suited to a purchaser wanting a lock-up-and-go Cape Town base with the ability to generate short-term rental income when not in personal use.

Property Features

- 24.5 sqm studio apartment

- First-floor position

- Sold fully furnished

- Currently operating as an Airbnb

- Contemporary kitchen and bathroom

- Extensive communal co-working and lifestyle facilities

- Rooftop entertainment terrace

- 24-hour security and controlled access

- Central Harrington Street location

Contact Nichola to arrange a viewing!