1 Bedroom Apartment / flat for sale in Sea Point

Description

Exclusive sole mandate. A smart investment in the heart of Sea Point. Positioned on Main Road, Sea Point, this modern 40m2 one-bedroom apartment offers exceptional convenience, strong rental demand and flexible investment potential, with the Sea Point Promenade and ocean just 200m away. The apartment features a modern open-plan living area and kitchen, one bedroom, one bathroom and an approximately 8m2 private-use balcony with partial sea and mountain views. Sold fully furnished, offering a convenient turnkey investment. Currently generating R26,000 per month from a long-term tenant who has occupied the property for approximately three years. The tenant is now on a month-to-month arrangement, providing flexibility for the next owner. Located in a 2024 development where short-term letting is permitted, with the building operating successfully as an aparthotel.... Exclusive sole mandate. A smart investment in the heart of Sea Point. Positioned on Main Road, Sea Point, this modern 40m2 one-bedroom apartment offers exceptional convenience, strong rental demand and flexible investment potential, with the Sea Point Promenade and ocean just 200m away. The apartment features a modern open-plan living area and kitchen, one bedroom, one bathroom and an approximately 8m2 private-use balcony with partial sea and mountain views. Sold fully furnished, offering a convenient turnkey investment. Currently generating R26,000 per month from a long-term tenant who has occupied the property for approximately three years. The tenant is now on a month-to-month arrangement, providing flexibility for the next owner. Located in a 2024 development where short-term letting is permitted, with the building operating successfully as an aparthotel. This gives investors the flexibility to continue with a long-term rental or explore a short-term/Airbnb strategy. Building amenities include: -24-hour reception, concierge & security - CCTV & biometric access - Backup power for lifts & common areas - Dedicated business lounge/workspace Property Highlights 40m2 internal | 8m2 private-use balcony 1 bedroom | 1 bathroom Partial sea & mountain views Restaurants, cafes, & shops on your doorstep 200m from the ocean & Sea Point Promenade Fully furnished R26,000 current monthly rental 2024 aparthotel development Short-term letting permitted Prime Sea Point location A compelling opportunity for an investor seeking immediate rental income, flexible letting options and a modern property in one of Cape Town's most established and sought-after locations. (Please note: the couch and TV differ from those shown in the listing photographs.) Video walkthrough available on request. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1593025320","type":"c"}));

What we know about this property

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Portal facts

Solar

Solar Panels

Facing

North

Levies

R 2 750

Bedroom

1

Kitchens

1 Stove (Oven & Hob)

Bathrooms

1 En suite, Shower, Toilet and Basin

Furnished

Yes

Lifestyle

Coastal/Beach

Floor Size

48 m²

Description

New Development, Hotel, Third Floor

Backup Power

Backup Battery / Inverter

Listing Date

15 August 2026

Pets Allowed

No

Price per m²

R 95 833

Listing Number

117530143

Rates and Taxes

R 1 760

Reception Rooms

1

Special Feature

Balcony, Lifts

Type of Property

Apartment / Flat

Nearby Public Transport

Bus