Apartment for sale in Cape Town City Centre, Cape Town, 310 m²
Cape Town City Centre, Cape Town, Western Cape
R16,500,000
Ref:1520451
2Bed
2.5Bath
310m²
Type: Apartment
Description
- Mixed-use building in Cape Town's Waterkant Street
- Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month - Existing spacious 2-bedroom, 2-bathroom apartment (first and top floor) with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors - Currently tenanted and receiving R35,000/month rental income (Apartment) up to 30 September 2026 with potential Air B&B income of R48.000 per month - Modern apartment features: - Ample kitchen cupboard space - Fashionable centre island and extractor fan - Spacious rooms, lounge, and dining area
Furniture included!
Includes a well sized balcony and inside fireplace.
Two secure parking bays
Investment potential:
- Prime location in busy Waterkant Street Cape Town - Existing Commercial and residential tenant provides immediate income stream totalling R83.000-00 - Opportunity to expand and increase rental income
Interested in more details or viewing? Call me today!