Under Offer
R 3 550 000
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1 Bedroom Apartment in De Waterkant

1 1 1 65 m²

PRIME INVESTMENT OPPORTUNITY :- TENANTED UNIT IN LOW-SUPPLY MARKET

A rare opportunity to secure a turnkey investment property in a market where quality options are extremely limited.

This well-maintained unit is currently leased to an excellent long-term tenant, delivering immediate and reliable rental income from day one. The property has benefited from significant owner investment, ensuring strong condition, reduced maintenance risk, and long-term durability.

Investment Highlights:

Income-producing asset with tenant in place

Proven rental performance and stable occupancy

Well-maintained unit with substantial capital improvements completed

Low-supply market supporting strong rental demand and future value

Ideal for investors seeking predictable cash flow and minimal vacancy risk or investors ready to ride the AirBNB market

1 Bedroom with e-suite and modern open plan design

Full concierge, 24 hour security and 1 underground parking

Furniture can be bought separately, piano will not be sold

Seriously good views of the city & mountain

Small gym available in the building

Properties of this calibre rarely become available in the current market. This offering represents a secure, low-friction investment suitable for both seasoned and first-time investors looking to place capital with confidence.

Quayside, 34 Prestwich Street, De Waterkant, Cape Town, South Africa

R3, 550 000 - 00

Serious inquiries only. Full financials and tenancy details available upon request.

Property details

  • Listing number T5380744
  • Property type Apartment
  • Listing date 7 Feb 2026
  • Floor size 65 m²
  • Rates and taxes R 1 070
  • Levies R 2 027

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Lounges 1
  • Dining areas 1
  • Garage parking 1
  • Balcony
  • Security post
  • Furnished

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