Apartment / flat for sale in Cape Town City Centre

Description

Tucked between Loop Street and Bree Street, in the heart of Cape Town's most walkable business and lifestyle precinct, this beautifully finished studio/one-bedroom apartment in The Sentinel offers the very best of upper-floor city living, with an added edge for investors. Steps from the CBD's top restaurants, coffee spots, gyms, offices and nightlife, this lock-up-and-go home suits owner-occupiers, long-term tenants, and Airbnb investors alike. Apartment features: Bright, open-plan lounge and dining area with glass sliding doors Sleek single-line open kitchen with double basin, built-in stove and oven Microwave and fridge included; plumbed for a washing machine Generous bedroom area with built-in cupboards Air-conditioning throughout Private balcony with sweeping north-facing city views Modern bathroom with a large walk-in shower Secure underground... Tucked between Loop Street and Bree Street, in the heart of Cape Town's most walkable business and lifestyle precinct, this beautifully finished studio/one-bedroom apartment in The Sentinel offers the very best of upper-floor city living, with an added edge for investors. Steps from the CBD's top restaurants, coffee spots, gyms, offices and nightlife, this lock-up-and-go home suits owner-occupiers, long-term tenants, and Airbnb investors alike. Apartment features: Bright, open-plan lounge and dining area with glass sliding doors Sleek single-line open kitchen with double basin, built-in stove and oven Microwave and fridge included; plumbed for a washing machine Generous bedroom area with built-in cupboards Air-conditioning throughout Private balcony with sweeping north-facing city views Modern bathroom with a large walk-in shower Secure underground parking Access to a communal rooftop-style pool area with views of Signal Hill 24-hour manned security with strict visitor check-in procedures For the Owner-Occupier A genuine lock-up-and-go in one of the CBD's most sought-after buildings — walk to work, weekend brunches, and everything in between. The north-facing balcony catches the light all day, the open-plan layout makes the most of every square metre, and 24-hour front-desk security means you can travel without a second thought. This is city living at its most convenient, in a building residents rarely want to leave. For the Investor This isn't just an apartment — it's a fully operational, income-producing short-term rental business, ready to hand over on transfer. The Sentinel has an established reputation as one of the CBD's standout Airbnb-performing buildings. This specific unit has been professionally managed by an experienced Airbnb operator for several years, with a verifiable trading history and average occupancy of 70–100%. Full financial statements and booking history are available to serious buyers for due diligence before purchase. The unit is partially furnished by the owner, with the Airbnb operator having added further furnishings to elevate the guest experience and rental appeal — meaning a buyer can step straight into a turnkey, cash-flowing asset. Income snapshot: Average monthly income: R32,000 Peak season monthly income: up to R50,000 Average occupancy: 70–100% Return on investment (before expenses): Purchase price R2,480,000 Average monthly income R32,000 Estimated annual gross income R384,000 Gross ROI (before expenses) ˜ 15.5% per annum Peak-season monthly income R50,000 If sustained year-round (illustrative only) ˜ 24.2% per annum Figures above are gross, before operating costs such as levies, rates, utilities, and Airbnb management fees. Net yield will depend on the buyer's specific expense structure, full income and expense financials are available for review prior to offer. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#723974182","type":"c"}));

What we know about this property

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Portal facts

Levies

R 1 650

Floor Size

50 m²

Listing Date

12 August 2026

Price per m²

R 49 800

Listing Number

117517965

Street Address

27 Leeuwen Street, Cape Town City Centre

Type of Property

Apartment / Flat