1 Bed Apartment/Flat for Sale Cape Town City Centre Cape Town City Bowl

Property Details

Right in the heart of Cape Town’s CBD, nestled directly opposite the Company Gardens and the Planetarium, this character-filled flat is perfectly positioned to access all that the City Bowl has to offer, with a panoramic view of Lion’s Head, Signal Hill, and the city skyline from the living room window. The apartment features a generously sized open-plan kitchen and lounge area, with loads of natural light from large west-facing windows that frame spectacular mountain sunsets. With high ceilings and original wooden floors adding warmth to the space, this simple and beautiful flat offers a clean, neutral canvas for a new owner’s design vision. The bedroom is well-proportioned with built-in cupboards and an en-suite bathroom. The bathroom includes a shower-over-bath and is plumbed for a washing machine or a washer/dryer stack. While the current tenant has opted to place the dryer in the kitchen, the apartment is fully equipped for a more streamlined setup. Sold fully furnished, this turnkey property is ideal for investors or first-time buyers. The apartment is currently tenanted at R11,130 per month with a lease in place until 28 February 2026, ensuring a secure income stream from day one. This represents an 8% rental yield on investment, which is considered strong in the South African property market. It is important to note that there is street parking only. The building is not pet-friendly but does allow short-term letting, offering flexibility for future use. With MyCiti bus stops and the Jammie shuttle just a short walk away, the location is both central and highly accessible. As the property is tenanted, viewings are by arrangement. Contact Cecilia, Amanda or Larry to schedule.