1 Bedroom Apartment in Zonnebloem
A Rock-Solid Investment Castle Rock, Zonnebloem R1 550 000
Attention Investors: This apartment is fully tenanted until December 2026, offering immediate income and long-term stability in one of Cape Towns fastest-growing precincts.
Located just outside the CBD, Castle Rock stands at the centre of Cape Towns urban revival a development perfectly positioned for strong capital appreciation and high rental yields. Apartments in the area have recently achieved R50,000m², underscoring its growing demand and impressive performance potential.
Globally, rejuvenated city centres consistently deliver exceptional capital growth, and Castle Rock follows this trend. According to the Knight Frank Prime Global Cities Index, Cape Town ranked 3 worldwide for price appreciation, with 16 growth recorded in one year.
Expected Returns:
Net annual rental yield: 6 10
Overall annual returns: 22 26
Full UDZ tax incentive benefits apply
Apartment Features:
Natural stone surfaces in kitchen & bathrooms
Smeg kitchen appliances
Fibre connectivity
Balconies with panoramic city & mountain views
Prepaid utilities
State-of-the-art finishes
With solid rental income already secured and proven capital growth in the area, Castle Rock offers investors a dependable, high-performing asset in Cape Towns thriving inner city.
Property details
- Listing number T5473790
- Property type Apartment
- Listing date 1 May 2026
- Floor size 42 m²
- Rates and taxes R 1 190
- Levies R 3 352
Property features
- Bedrooms 1
- Bathrooms 1
- Lounges 1
- Open parking 1
- Pool
- Kitchen