2 Bedroom Apartment in Cape Town City Centre

324 greg, 4325 jacob, Cape Town City Centre, Cape Townlocation approximate: suburb level

2 bed · 1 bath · 50 m² floor

Description

Spacious 13 Two-Bedroom Apartments | R1,890,000 R2,799,000 | Investment & Lifestyle PotentialA selection of 13 premium two-bedroom apartments is currently available within the complex, ranging in size from approximately 50m2 to 157m2, with asking prices from R1,890,000 to R2,799,000.INVESTMENT HIGHLIGHTS- 13 two-bedroom apartments available- Prices from R1,890,000 to R2,799,000- Sizes ranging from approximately 50m2 to 157m2- 12 units currently tenanted- Estimated rental income of approximately R18,000 per month per unit- 3 units offer 1.5 bathrooms- Short-term rentals and Airbnb are permitted by the Body Corporate- Excellent potential for both long-term and short-term rental strategies- Secure basement parking included with each unitThis combination of existing rental income and flexible letting options creates an attractive proposition for investors looking to acquire property with an established income stream.FEATURED UNIT | R1,890,000Two Bedrooms | One Bathroom | 2nd Floor | VacantThe currently available vacant unit is priced at R1,890,000 and offers immediate occupation.The apartment features a spacious, light-filled layout and is ideally suited to an investor, young professional, couple or small family.Status: Vacant and ready for occupation.EXCLUSIVE BUILDING AMENITIESRooftop Deck & Swimming PoolEnjoy panoramic views extending towards Table Mountain and the Cape Town city skyline.247 SecurityManned security and controlled access provide an additional level of safety and peace of mind.Secure ParkingOne secure, covered basement parking bay is included with each apartment.UtilitiesPrepaid electricity meters with monthly metered water billing.KitchenFitted with a Smeg oven and stove.MONTHLY PROPERTY COSTSLevy: R4,188Rates: R914AN INVESTMENT OPPORTUNITY WORTH INVESTIGATINGWith multiple units available, established tenancies and the added flexibility of short-term letting, this opportunity provides investors with the ability to select a property according to their preferred budget, rental strategy and investment objectives.The R1.89 million vacant apartment provides an accessible entry point, while the larger units offer opportunities for investors seeking greater floor area and potentially higher rental income.Properties offering this combination of location, rental income and letting flexibility are highly sought after.Contact us today to arrange a private viewing

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 97%
Generator
Nofrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 98%
Armed Response
Nofrom the listing text · 97%
Boomed Area
Nofrom the listing text · 84%
Burglar Bars
Nofrom the listing text · 84%
CCTV
Nofrom the listing text · 92%
Electric Fence
Nofrom the listing text · 98%
Guard 24h
Yesfrom the listing text · 88%

Location

Exposed to coastal wind
Yesfrom open data · 60%
Estimated commute to CBD
1 minfrom open data · 60%
Crime trend
Worseningfrom open data · 60%
Distance to the sea
1.1 kmfrom open data · 60%
Load-shedding block
7from open data · 60%
SAPS precinct risk
Highfrom open data · 60%

Market

Days on market
21 daysfrom our price history
Gross rental yield
19.0%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 37 800from our price history
Times relisted
0from our price history
Vs suburb median
0.65×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 98%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Nofrom the listing text · 97%
Natural Light
Brightfrom the listing text
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 97%
Furnished
Nofrom the listing text · 95%
Home Office
Nofrom the listing text · 98%
Lift Access
Nofrom the listing text · 77%
Living Areas
1from the listing text
Open Plan
Nofrom the listing text · 90%
Penthouse
Nofrom the listing text · 97%
Scullery
Nofrom the listing text · 97%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 98%

Outdoor

Balcony
Yesfrom the listing text · 97%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 96%
Covered Patio
Nofrom the listing text · 97%
Established Trees
Nofrom the listing text · 98%
Garden Size
Nonefrom the listing text
Off-street parking bays
1from the listing text · 98%
Pet Friendly
Nofrom the listing text · 97%
Pool Type
Communalfrom the listing text · 97%

Condition

Needs Tlc
Nofrom the listing text · 98%

Architecture

Double Storey
Yesfrom the listing text · 79%
Original Features
Nofrom the listing text · 98%
Thatched Roof
Nofrom the listing text · 99%

Tenure Rules

No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Yesfrom the listing text · 98%
Special Levy Mentioned
Nofrom the listing text · 97%
Tenure
Sectional Titlefrom the listing text
Utilities Included
Nofrom the listing text · 95%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 99%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 98%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Levies
R 4 188
Floor size
50 m²
Listing date
3 Sep 2026
Feature: Pool
yes
Property type
Apartment
Listing number
T5610168
Rates and taxes
R 914
Feature: Balcony
yes
Feature: Lounges
1
Feature: Bedrooms
2
Feature: Bathrooms
1
Feature: Dining areas
1
Feature: Open parking
1
Feature: Security post
yes