2 Bedroom Apartment / flat for sale in Cape Town City Centre
324 Greg, 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 Potential A 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 unit This combination of existing rental income and flexible letting options creates an attractive proposition for... Spacious 13 Two-Bedroom Apartments | R1,890,000 R2,799,000 | Investment & Lifestyle Potential A 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 unit This 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 | R1,890,000 Two Bedrooms | One Bathroom | 2nd Floor | Vacant The 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 AMENITIES Rooftop Deck & Swimming Pool Enjoy panoramic views extending towards Table Mountain and the Cape Town city skyline. 247 Security Manned security and controlled access provide an additional level of safety and peace of mind. Secure Parking One secure, covered basement parking bay is included with each apartment. Utilities Prepaid electricity meters with monthly metered water billing. Kitchen Fitted with a Smeg oven and stove. MONTHLY PROPERTY COSTS Levy: R4,188 Rates: R914 AN INVESTMENT OPPORTUNITY WORTH INVESTIGATING With 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 Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1776250112","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.
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
Commercial
- Price Reduced
- Nofrom our price history
Portal facts
- Pool
- Yes
- Roof
- Concrete
- Wall
- Face-brick
- Floor
- Tiled Floors
- Levies
- R 4 188
- Parking
- Underground Parking
- Bedrooms
- 2
- Kitchens
- 1
- Bathrooms
- 1
- Floor Size
- 50 m²
- Floor Number
- 1
- Listing Date
- 03 September 2026
- Pets Allowed
- No
- Price per m²
- R 37 800
- Listing Number
- 117589928
- Street Address
- 324 Greg, 4325 Jacob, Cape Town City Centre
- Rates and Taxes
- R 914
- Reception Rooms
- 2
- No Transfer Duty
- Yes
- Type of Property
- Apartment / Flat