R 1 550 000
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1 Bedroom Apartment in Zonnebloem

1 1 1 42 m²

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

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