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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
R 3 289 000
Urgent Sale - Offers Welcome! Sold fully furnished in a building about to be fully refitted by a developer buying the lower hotel floors - yet still - selling as the best value 2 bed, 2 bath, 2 parking currently available in town. Renovations underway by Neighbourgood are aimed at bringing the building to a modern spec with modern amenities including a new gym, spa and co-working space. The aim is to have the average value in line with surrounding redevelopments which range from R60 000 per sqm to R80 000 per sqm or R4.74m to R6.32m after the developers work is completed in 2027. Buy now, hold for the redevelopment and flip for profit or benefit from the luxuries on the way. Call me for more details on the proposed project.
Estimated monthly repayment
R 31 059
on a R 2 960 100 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
Fairly pricedIn line with comparable 2-bed apartments for sale in Cape Town City Centre
Based on 181 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Jonathan Fell
The Storey Real Estate
Unclaimed listing — claim it to verify
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