1 Bedroom Apartment in Woodstock

Description

Compact, central and already income-producing this 27m² studio at the sought-after 1 on Albert presents an exciting opportunity for investors looking to tap into Cape Towns short-term rental market.Positioned just 1.5 km from Cape Towns CBD, 1 on Albert combines modern city living with the convenience and lifestyle that short-stay guests look for. The development is officially Airbnb-friendly, making this an attractive option for investors wanting the flexibility of short-term letting.The apartment is currently utilised for Airbnb and has generated around R10,000 in certain months, with stronger months achieving even more depending on bookings, season and occupancy. This gives a potential buyer the advantage of purchasing a property with an already proven short-term rental use case rather than starting from scratch. Rental income is variable and past performance is not a guarantee of future returns.The 27m² studio layout makes intelligent use of the available space, offering the lock-up-and-go convenience that appeals to tourists, business travellers, couples and professionals visiting Cape Town.Residents and guests enjoy access to an impressive range of lifestyle and security features, including a heated communal swimming pool, recreation and braai area, high-speed fibre connectivity, biometric access, 24-hour security and CCTV surveillance, with food and lifestyle retail conveniently located on the ground floor.Its central Woodstock location places guests within easy reach of the Cape Town CBD, V&A Waterfront, Old Biscuit Mill, cafs, restaurants and some of the citys major attractions, helping make the apartment an appealing base for both leisure and business stays. Current Airbnb listings within 1 on Albert specifically highlight the pool deck, central location and convenient access to the CBD and Waterfront as key guest benefits.Why Investors Should Take NoticeApproximately 27m² studio apartmentAirbnb-friendly developmentCurrently operating as a short-term rentalAirbnb income has reached approximately R10,000 per month in certain months and sometimes moreHighly central Woodstock locationApproximately 1.5 km from Cape Town CBDHeated communal swimming poolBraai and recreation facilitiesHigh-speed fibre connectivity24-hour security and CCTVBiometric access controlGround-floor food and lifestyle retailStrong lock-up-and-go appealfully furnishedWhether you''re looking to expand your property portfolio, enter Cape Town''s short-term rental market or secure a centrally located city apartment, this 1 on Albert studio deserves a closer look.Enquire today to arrange a private viewing and see the investment potential for yourself.

What we know about this property

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Portal facts

Levies

R 1 400

Floor size

27 m²

Listing date

12 Aug 2026

Feature: Pool

yes

Property type

Apartment

Listing number

T5585047

Rates and taxes

R 350

Feature: Kitchen

yes

Feature: Bedrooms

1

Feature: Bathrooms

1

Feature: Furnished

yes