1 Bedroom Apartment / flat for sale in Cape Town City Centre

Cape Town City Centre, Cape Townlocation approximate: suburb level

1 bed · 1 bath · 1 parking · 51 m² floor · 51 m² erf

Description

Buy into the foreshore development districts highest-value building at around R50,000/m² — surrounded by developments where apartments regularly sell for over R75 000 per square meter or more than R3m million for a similarly sized one bedroom without parking. Renovate, add value and benefit from a building undergoing significant investment. The hotel component has recently been acquired, with upgrades including the exterior façade, ground floor, restaurant, the addition of a gym and spa, alongside exceptional security and access control — all available to owners and their Airbnb guests alike. Buy into the transformation now, rather than paying for it once it’s complete. Buy into the foreshore development districts highest-value building at around R50,000/m² — surrounded by developments where apartments regularly sell for over R75 000 per square meter or more than R3m million for a similarly sized one bedroom without parking. Renovate, add value and benefit from a building undergoing significant investment. The hotel component has recently been acquired, with upgrades including the exterior façade, ground floor, restaurant, the addition of a gym and spa, alongside exceptional security and access control — all available to owners and their Airbnb guests alike. Buy into the transformation now, rather than paying for it once it’s complete.

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.

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
5 daysfrom our price history
Gross rental yield
9.7%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 40 196from our price history
Times relisted
0from our price history
Vs suburb median
0.71×from our price history
Under Offer
Yesfrom our price history

Commercial

Price Reduced
Nofrom our price history

Portal facts

Other
Other 0
Pools
1
Levies
R 3 850
Zoning
General Business
Parking
1
Bathroom
Full
Bedrooms
1
Erf Size
51 m²
Floor Size
51 m²
Listing Date
19 September 2026
Price per m²
R 40 196
Listing Number
117641034
Rates and Taxes
R 850
Type of Property
Apartment / Flat