Welcome toPalm Springs– a secure, well-managed complex in the vibrant heart of Brooklyn, Cape Town. Whether you’re a first-time buyer, a young professional, or an astute investor, this ground-floor 2-bedroom apartment offers unbeatable value and lifestyle convenience.
Investment Potential:
With high rental returns, low vacancy rates, and consistent demand, this apartment makes a smart, income-generating asset.
This apartment is current leased to two young professionals at R 7,890/ month until 28 February 2026.
Excellent Gross Rental Yield of 11.1% and Return on Investment of 7.6%.
Before you read any further, be sure to check out the VIRTUAL TOUR of the property.
Property Highlights:
·2 spacious bedrooms with built-in cupboards
·Open-plan lounge and kitchen – perfect for modern living
·Ground-floor location for easy access and added outdoor convenience
·Bathroom with shower over bathPre-paid Electricity and Water MetersFibre ReadyWashing Machine point
·Secure designated parking bay
Complex Features:24-hour manned security and biometric accessSparkling communal pool and braai areaLaundry facilities and visitor parkingStrong rental demand for investors
Unbeatable Location:Just minutes from Cape Town CBD, MyCiti routes & major highwaysClose to shopping centres, schools, and all amenitiesIdeal for UCT, CPUT, and college studentsPerfect blend of urban convenience and suburban comfort
Don’t miss this opportunity – whether you’re stepping onto the property ladder or expanding your portfolio, this is a property that ticks all the right boxes.
I invite you to arrange a Private In-Person Viewing of this beautiful property, with me, if you would like experience all that is on offer.