1 Bedroom Apartment / flat for sale in Foreshore

7 Riebeeck Str., Foreshore, Cape Townlocation approximate: suburb level

1 bed · 1 bath · 26 m² floor · 605 m² erf

Description

If you’ve been waiting for the right inner-city investment, this might be it. Welcome to Unit 805 at BlackBrick Foreshore — a fully furnished, turnkey studio positioned on the iconic St George’s Mall, one of Cape Town’s most historic and walkable precincts. Surrounded by landmark buildings like Shell House and the Old Mutual precinct, this address blends heritage with modern urban living. This is a compact, high-impact investment designed for flexibility. Owners have two clear pathways: • Place the unit in the BlackBrick hotel pool for professionally managed short-term income • Or opt for a long-term rental, where demand for well-located CBD apartments remains strong The building operates as a managed apartment-hotel, meaning you benefit from short-term letting without the hands-on effort — while also preserving the option to pivot strategies as the market... If you’ve been waiting for the right inner-city investment, this might be it. Welcome to Unit 805 at BlackBrick Foreshore — a fully furnished, turnkey studio positioned on the iconic St George’s Mall, one of Cape Town’s most historic and walkable precincts. Surrounded by landmark buildings like Shell House and the Old Mutual precinct, this address blends heritage with modern urban living. This is a compact, high-impact investment designed for flexibility. Owners have two clear pathways: • Place the unit in the BlackBrick hotel pool for professionally managed short-term income • Or opt for a long-term rental, where demand for well-located CBD apartments remains strong The building operates as a managed apartment-hotel, meaning you benefit from short-term letting without the hands-on effort — while also preserving the option to pivot strategies as the market evolves. Fully furnished and move-in ready, the apartment offers lock-up-and-go convenience, making it ideal for local or international buyers seeking a low-maintenance asset with lifestyle appeal. BlackBrick itself is more than just a building — it’s a dynamic, community-driven environment with shared workspaces, social areas, and a built-in tenant base that supports consistent demand. The Foreshore precinct continues to grow in importance, sitting between the CBD, V&A Waterfront, and CTICC — a location that consistently attracts professionals, students, and travellers. Units in this building are often occupied, which speaks directly to demand — and why opportunities like this are increasingly scarce. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1289051330","type":"c"}));

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

Location

Exposed to coastal wind
Yesfrom open data · 60%
Estimated commute to CBD
4 minfrom open data · 60%
Crime trend
Worseningfrom open data · 60%
Distance to the sea
225 mfrom open data · 60%
SAPS precinct risk
Highfrom open data · 60%

Market

Days on market
170 daysfrom our price history
Gross rental yield
16.5%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 49 808from our price history
Times relisted
0from our price history
Vs suburb median
0.39×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Yesfrom the listing text · 97%

Layout

Furnished
Yesfrom the listing text · 98%

Outdoor

Braai Area
Yesfrom the listing text · 63%
Garage Type
Nonefrom the listing text
Garden Size
Nonefrom the listing text

Tenure Rules

Short Let Allowed
Yesfrom the listing text · 95%
Tenure
Sectional Titlefrom the listing text · 99%

Commercial

Price Reduced
Nofrom our price history
Not mentioned in the listing (51)

Alarm Beams, Armed Response, Auction, Balcony, Bank Assisted, Battery Backup, Boat Caravan Parking, Boomed Area, Borehole, Borehole Irrigation, CCTV, Covered Patio, Double Glazing, Electric Fence, Established Trees, Exclusive Use Area, Fibre, Fireplace, Flatlet, Gas Hob, Generator, Grey Water, Guard 24h, Heat Pump, High Ceilings, Home Office, Inverter, Needs Tlc, No transfer duty, North Facing, Off Plan, Original Features, Owner Relocating, Penthouse, Pet Friendly, Priced To Sell, Quiet Street, Retirement Scheme, Scullery, Security Estate, Solar Geyser, Solar panels, Special Levy Mentioned, Staff Accommodation, Thatched Roof, Underfloor Heating, Utilities Included, Walk In Closet, Water Tank, Wheelchair Access, Wind Protected. Ask the agent if any of these matter to you.

1 unverified claim is hidden: the listing text doesn’t support it.

Portal facts

Rooms
Air Conditioner
Levies
R 1 600
Bedrooms
1
Erf Size
605 m²
Kitchens
1
Security
1
Bathrooms
1
Floor Size
26 m²
Listing Date
08 April 2026
Price per m²
R 49 808
Listing Number
117098972
Street Address
7 Riebeeck Str., Foreshore
Rates and Taxes
R 845
Special Feature
Communal braai area
Type of Property
Apartment / Flat