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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
R 1 195 000
Set in the heart of Cape Town's City Centre, this well-positioned studio apartment offers an excellent opportunity for investors or those looking for a convenient lock-up-and-go city residence. The open-plan layout is practical and well-designed, complemented by a fitted kitchen and bathroom with a shower. A secure parking bay on a separate title deed is included, an asset worth approximately R200,000 that could be sold independently. Please note that the parking is in the property across the road, Four Seasons Building. Residents enjoy access to a swimming pool and gym, while cafés, restaurants, and public transport are all within easy walking distance. Currently tenanted by a long-term occupant who would like to remain, this is a fantastic opportunity to secure immediate rental income in one of Cape Town's strongest rental markets.
Estimated monthly repayment
R 11 285
on a R 1 075 500 bond over 20 years at 11.25%
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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
Fair-value check
Good valuePriced 40% below comparable 5-bed apartments for sale in Cape Town City Centre
Based on 127 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Jonathan Fell
The Storey Real Estate
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