1 Bedroom Apartment / flat for sale in Cape Town City Centre
Cape Town City Centre, Cape Townlocation approximate: suburb level
1 bed · 1 bath · 49 m² floor
Description
A rare turnkey opportunity in the heart of Cape Town's CBD. This 1 bedroom, 1 bathroom apartment at Foreshore Place is already earning; with an established Airbnb management team, a proven track record, and income from day one. No setup, no learning curve, no vacancy gap to manage from a distance. Investment Highlights: 2025 Net Yield: 12% Occupancy 2025: 73% | 2026 YTD: 90% Average Nightly Rate: R1,300 | US$70 | €60 | £50 For guests, the appeal is obvious: panoramic city views, a quiet retreat above the bustle, and a location perfectly positioned for the business travelers and tourists driving CBD short-let demand; which is exactly what's fueling those occupancy numbers. Furniture negotiable with the sale; step straight into a fully operating income stream. A rare turnkey opportunity in the heart of Cape Town's CBD. This 1 bedroom, 1 bathroom apartment at Foreshore Place is already earning; with an established Airbnb management team, a proven track record, and income from day one. No setup, no learning curve, no vacancy gap to manage from a distance. Investment Highlights: 2025 Net Yield: 12% Occupancy 2025: 73% | 2026 YTD: 90% Average Nightly Rate: R1,300 | US$70 | €60 | £50 For guests, the appeal is obvious: panoramic city views, a quiet retreat above the bustle, and a location perfectly positioned for the business travelers and tourists driving CBD short-let demand; which is exactly what's fueling those occupancy numbers. Furniture negotiable with the sale; step straight into a fully operating income stream.
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
- Battery Backup
- Nofrom the listing text · 98%
- Borehole
- Nofrom the listing text · 98%
- Gas Hob
- Nofrom the listing text · 97%
- Generator
- Nofrom the listing text · 97%
- Grey Water
- Nofrom the listing text · 98%
- Heat Pump
- Nofrom the listing text · 98%
- Inverter
- Nofrom the listing text · 98%
- Solar Geyser
- Nofrom the listing text · 98%
- Solar panels
- Nofrom the listing text · 98%
- Water Tank
- Nofrom the listing text · 98%
Security
- Alarm Beams
- Nofrom the listing text · 97%
- Armed Response
- Nofrom the listing text · 97%
- Boomed Area
- Nofrom the listing text · 90%
- Burglar Bars
- Nofrom the listing text · 88%
- CCTV
- Nofrom the listing text · 95%
- Electric Fence
- Nofrom the listing text · 98%
- Security Estate
- Nofrom the listing text · 88%
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
- 69 daysfrom our price history
- Gross rental yield
- 7.6%from our price history
- Price change since listed
- 0.0%from our price history
- Price per m²
- R 52 959from our price history
- Times relisted
- 0from our price history
- Vs suburb median
- 0.90×from our price history
- Under Offer
- Yesfrom our price history
Comfort
- Air Conditioning
- Nofrom the listing text · 97%
- Double Glazing
- Nofrom the listing text · 98%
- Fireplace
- Nofrom the listing text · 98%
- High Ceilings
- Nofrom the listing text · 98%
- North Facing
- Nofrom the listing text · 98%
- Quiet Street
- Yesfrom the listing text · 78%
- Underfloor Heating
- Nofrom the listing text · 98%
- View Type
- Cityfrom the listing text
- Wind Protected
- Nofrom the listing text · 97%
Layout
- Flatlet
- Nofrom the listing text · 97%
- Furnished
- Yesfrom the listing text · 99%
- Home Office
- Nofrom the listing text · 97%
- Lift Access
- Nofrom the listing text · 86%
- Open Plan
- Nofrom the listing text · 94%
- Penthouse
- Nofrom the listing text · 94%
- Scullery
- Nofrom the listing text · 97%
- Staff Accommodation
- Nofrom the listing text · 98%
- Walk In Closet
- Nofrom the listing text · 98%
- Wheelchair Access
- Nofrom the listing text · 98%
Outdoor
- Balcony
- Nofrom the listing text · 91%
- Boat Caravan Parking
- Nofrom the listing text · 98%
- Borehole Irrigation
- Nofrom the listing text · 98%
- Braai Area
- Nofrom the listing text · 98%
- Covered Patio
- Nofrom the listing text · 98%
- Established Trees
- Nofrom the listing text · 98%
- Garage Type
- Nonefrom the listing text
- Garden Size
- Nonefrom the listing text
- Pet Friendly
- Nofrom the listing text · 67%
- Pool Type
- Nonefrom the listing text
Condition
- Needs Tlc
- Nofrom the listing text · 98%
Architecture
- Double Storey
- Nofrom the listing text · 85%
- Original Features
- Nofrom the listing text · 98%
- Thatched Roof
- Nofrom the listing text · 99%
Tenure Rules
- Exclusive Use Area
- Nofrom the listing text · 97%
- No transfer duty
- Nofrom the listing text · 98%
- Retirement Scheme
- Nofrom the listing text · 98%
- Special Levy Mentioned
- Nofrom the listing text · 96%
- Tenure
- Sectional Titlefrom the listing text · 97%
- Utilities Included
- Nofrom the listing text · 97%
Connectivity
- Fibre
- Yesfrom the listing text · 97%
Commercial
- Auction
- Nofrom the listing text · 98%
- Bank Assisted
- Nofrom the listing text · 98%
- Off Plan
- Nofrom the listing text · 98%
- Owner Relocating
- Nofrom the listing text · 98%
- Price Reduced
- Nofrom our price history
- Priced To Sell
- Nofrom the listing text · 97%
Portal facts
- Levies
- R 1 835
- Bedroom
- 1
- Kitchens
- 1 Fridge
- Security
- 24 Hour Access
- Bathrooms
- 1
- Furnished
- Yes
- Floor Size
- 49 m²
- Listing Date
- 16 July 2026
- Pets Allowed
- No
- Price per m²
- R 52 959
- Listing Number
- 117419881
- Internet Access
- Fibre
- Reception Rooms
- 1
- Type of Property
- Apartment / Flat