2 Bedroom Apartment / flat for sale in Cape Town City Centre

Description

- Mixed-use building in Cape Town`s 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 R35,000/month 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 area Furniture included! Includes a well sized balcony and inside fireplace. Two secure parking bays Investment potential: - Prime location in busy... - Mixed-use building in Cape Town`s 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 R35,000/month 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 area Furniture included! Includes a well sized balcony and inside fireplace. Two secure parking bays Investment 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 income Interested in more details or viewing? Call me today! Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-997817484","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

Parking

2 Secure Parking, Double

Bedrooms

2

Erf Size

310 m²

Kitchens

1

Bathrooms

2.5

Bathroom 1

Tiled Floors, Aluminium, Full, Basin, Jacuzzi Bath, Bath, En suite, Toilet

Bathroom 2

Tiled Floors, Full, Basin, Shower, Blinds, Toilet

Floor Size

310 m²

Description

Single Storey, Top Floor

Listing Date

03 February 2026

Price per m²

R 53 226

Listing Number

116878557

Rates and Taxes

R 12 063

Special Feature

Balcony

Number of floors

1

Type of Property

Apartment / Flat