0.5 Bedroom Apartment / flat on auction in Gardens

Description

Live Auction: 1 October 2026 at 10:00am No Buyer’s Commission Make an offer to stop the auction, or register to bid on auction day. Set in the heart of Kloof Street, this stylish, fully furnished apartment offers an exceptional City Bowl lifestyle and an effortless move-in or short-term rental opportunity. With projected short-term rental income of R300,000 per annum, the property presents an attractive investment opportunity for buyers seeking a turnkey income-producing asset in one of Cape Town’s most sought-after locations. The apartment features a contemporary aesthetic with concrete finishes, quality fittings and carefully selected furniture throughout. Large windows frame views over the city, within walking distance of all the Kloof Street attractions. Thoughtful design details include custom bedside units, a comfortable leather sofa, a frameless glass... Live Auction: 1 October 2026 at 10:00am No Buyer’s Commission Make an offer to stop the auction, or register to bid on auction day. Set in the heart of Kloof Street, this stylish, fully furnished apartment offers an exceptional City Bowl lifestyle and an effortless move-in or short-term rental opportunity. With projected short-term rental income of R300,000 per annum, the property presents an attractive investment opportunity for buyers seeking a turnkey income-producing asset in one of Cape Town’s most sought-after locations. The apartment features a contemporary aesthetic with concrete finishes, quality fittings and carefully selected furniture throughout. Large windows frame views over the city, within walking distance of all the Kloof Street attractions. Thoughtful design details include custom bedside units, a comfortable leather sofa, a frameless glass shower, complemented by Hansgrohe fittings and Eurotrend sanitary ware. Fully Furnished & Equipped The sale includes a comprehensive selection of matching appliances, furnishings and accessories: Defy Black Mirror fridge/freezer Washer/dryer Oven and hob Microwave Under-counter dishwasher Smeg kettle Two full sets of Volpes Egyptian cotton bedding Top-of-the-range 55-inch Samsung Smart TV Fully equipped kitchen A turnkey apartment in a prime City Bowl location, ready to enjoy or add to your investment portfolio. Make an offer to stop the auction or register to bid on 17 September 2026 at 10:00am. No Buyer’s Commission. Contact me to view! Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-1487459973","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.

Portal facts

Levies

R 2 382

Bedroom

0.5

Parking

Secure Parking

Kitchens

1

Bathrooms

1

Furnished

Yes

Floor Size

26 m²

Floor Number

5

Listing Date

25 August 2026

Pets Allowed

No

Price per m²

R 67 308

Listing Number

117560550

Street Address

506 72 on Kloof, 5 Nicol, Gardens

Rates and Taxes

R 519

Type of Property

Apartment / Flat