If you're looking to break into Cape Town’s property market without breaking the bank, this 38m² apartment in Rivergate is a fantastic place to start. Whether you want to listing it on Airbnb, secure a reliable long-term tenant, or move in yourself, it offers an affordable entry point into a high-growth area.
The Financials & Details
Price: R959 900.00
Low Barrier to Entry: Secure the unit with just a R5,000 deposit.
Timeline: Estimated completion by the end of 2026.
Qualification: A combined gross monthly income of approximately R34,000 is required.
Estimated Monthly Costs: Levies: R1,250 | Rates: R350
Inside the Apartment
Space-Efficient Design: A well-planned 38m² layout featuring an open-plan living area and kitchen with modern finishes and practical storage.
Full Bathroom: Equipped with a bath, shower, toilet, and hand basin—giving you the best of both worlds.
Low-Maintenance Management: Prepaid electricity and water meters are already installed, making utility management completely hassle-free for you or your guests.
Peace of Mind: Secure parking and 24-hour security make it a perfect lock-up-and-go.
The Location
Rivergate is rapidly growing because of its convenience. The apartment is just minutes from major transport links and shopping centers, and a quick drive takes you straight to the beach in Bloubergstrand. It's a high-demand area that promises great rental potential and solid long-term capital growth.
Units in this development are selling quickly. Get in touch today to chat about the details or to secure your unit.
Disclaimer: Visuals are for illustrative purposes and may vary slightly from the final finishes and layout.