2 Bedroom Apartment in Cape Town City Centre

Contact agent for street address, Cape Town City Centre, Cape Townlocation approximate: suburb level

2 bed · 2.5 bath · 310 m² floor · 310 m² erf

Description

- Mixed-use building in Cape Towns Waterkant Street- Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month- Existing spacious 2-bedroom, 2-bathroom apartment first and top floor with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors- Currently tenanted and receiving R35,000month rental income Apartment up to 30 September 2026 with potential Air B&B income of R48.000 per month- Modern apartment features:- Ample kitchen cupboard space- Fashionable centre island and extractor fan- Spacious rooms, lounge, and dining areaFurniture included!Includes a well sized balcony and inside fireplace.Two secure parking baysInvestment potential:- Prime location in busy Waterkant Street Cape Town- Existing Commercial and residential tenant provides immediate income stream totalling R83.000-00- Opportunity to expand and increase rental incomeInterested in more details or viewing Call me today!

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 · 96%
Generator
Nofrom the listing text · 98%
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 · 98%
Armed Response
Nofrom the listing text · 98%
Boomed Area
Nofrom the listing text · 97%
Burglar Bars
Nofrom the listing text · 90%
CCTV
Nofrom the listing text · 97%
Electric Fence
Nofrom the listing text · 97%
Guard 24h
Nofrom the listing text · 97%
Security Estate
Nofrom the listing text · 96%

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
233 daysfrom our price history
Gross rental yield
2.2%from our price history
Price change since listed
0.0%from our price history
Price per m²
R 53 226from our price history
Times relisted
0from our price history
Vs suburb median
5.70×from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Yesfrom the listing text · 97%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Yesfrom the listing text · 97%
High Ceilings
Nofrom the listing text · 96%
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Nonefrom the listing text · 75%
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Nofrom the listing text · 94%
Furnished
Yesfrom the listing text · 96%
Home Office
Nofrom the listing text · 97%
Lift Access
Nofrom the listing text · 92%
Living Areas
1from the listing text
Open Plan
Nofrom the listing text · 86%
Penthouse
Yesfrom the listing text · 79%
Scullery
Nofrom the listing text · 97%
Single Level
Nofrom the listing text · 72%
Staff Accommodation
Nofrom the listing text · 97%
Walk In Closet
Nofrom the listing text · 97%
Wheelchair Access
Nofrom the listing text · 97%

Outdoor

Balcony
Yesfrom the listing text · 99%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 96%
Covered Patio
Nofrom the listing text · 96%
Established Trees
Nofrom the listing text · 98%
Garden Size
Nonefrom the listing text
Off-street parking bays
2from the listing text · 86%
Pet Friendly
Nofrom the listing text · 97%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Nofrom the listing text · 96%

Architecture

Double Storey
Yesfrom the listing text · 86%
Original Features
Nofrom the listing text · 92%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 77%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Nofrom the listing text · 80%
Special Levy Mentioned
Nofrom the listing text · 97%
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 98%
Off Plan
Nofrom the listing text · 94%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 98%

Portal facts

Land size
310 m²
Floor size
310 m²
Listing date
3 Feb 2026
Property type
Apartment
Listing number
T5374509
Feature: Aircon
yes
Rates and taxes
R 12 063
Feature: Balcony
yes
Feature: Kitchen
yes
Feature: Lounges
1
Feature: Storeys
1
Feature: Bedrooms
2
Feature: En-suite
1
Feature: Bathrooms 2.
5
Feature: Dining areas
1
Feature: Open parking
2