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