1 Bedroom Apartment / flat for sale in Zonnebloem

Description

Attention Investors: This apartment is fully tenanted until December 2026, offering immediate income and long-term stability in one of Cape Town’s fastest-growing precincts. Located just outside the CBD, Castle Rock stands at the centre of Cape Town’s urban revival — a development perfectly positioned for strong capital appreciation and high rental yields. Apartments in the area have recently achieved R50,000/m², underscoring its growing demand and impressive performance potential. Globally, rejuvenated city centres consistently deliver exceptional capital growth, and Castle Rock follows this trend. According to the Knight Frank Prime Global Cities Index, Cape Town ranked #3 worldwide for price appreciation, with 16% growth recorded in one year. Expected Returns: Net annual rental yield: 6% – 10% Overall annual returns: 22% – 26% Full UDZ tax incentive benefits... Attention Investors: This apartment is fully tenanted until December 2026, offering immediate income and long-term stability in one of Cape Town’s fastest-growing precincts. Located just outside the CBD, Castle Rock stands at the centre of Cape Town’s urban revival — a development perfectly positioned for strong capital appreciation and high rental yields. Apartments in the area have recently achieved R50,000/m², underscoring its growing demand and impressive performance potential. Globally, rejuvenated city centres consistently deliver exceptional capital growth, and Castle Rock follows this trend. According to the Knight Frank Prime Global Cities Index, Cape Town ranked #3 worldwide for price appreciation, with 16% growth recorded in one year. Expected Returns: Net annual rental yield: 6% – 10% Overall annual returns: 22% – 26% Full UDZ tax incentive benefits apply Apartment Features: Natural stone surfaces in kitchen & bathrooms Smeg kitchen appliances Fibre connectivity Balconies with panoramic city & mountain views Prepaid utilities State-of-the-art finishes With solid rental income already secured and proven capital growth in the area, Castle Rock offers investors a dependable, high-performing asset in Cape Town’s thriving inner city. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-392640780","type":"c"}));

What we know about this property

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Portal facts

Age

6

Pools

1

Levies

R 3 352

Lounges

1

Parking

1

Bedrooms

1

Kitchens

1

Bathrooms

1

Floor Size

42 m²

Listing Date

01 May 2026

Price per m²

R 36 905

Listing Number

117175714

Rates and Taxes

R 1 190

Type of Property

Apartment / Flat