R 1 695 000 | 1 bed property for sale in cape town city centre

Right in the heart of Cape Town’s CBD, nestled directly opposite the Company Gardens and the Planetarium, this character-filled flat is perfectly positioned to access all that the City Bowl has to offer, with a panoramic view of Lion’s Head, Signal Hill, and the city skyline from the living room window. The apartment features a generously sized open-plan kitchen and lounge area, with loads of natural light from large west-facing windows that frame spectacular mountain sunsets. With high ceilings and original wooden floors adding warmth to the space, this simple and beautiful flat offers a clean, neutral canvas for a new owner’s design vision. The bedroom is well-proportioned with built-in cupboards and an en-suite bathroom. The bathroom includes a shower-over-bath and is plumbed for a washing machine or a washer/dryer stack. While the current tenant has opted to place the dryer in the kitchen, the apartment is fully equipped for a more streamlined setup. Sold fully furnished, this turnkey property is ideal for investors or first-time buyers. The apartment is currently tenanted at R11,130 per month with a lease in place until 28 February 2026, ensuring a secure income stream from day one. This represents an 8% rental yield on investment, which is considered strong in the South African property market. It is important to note that there is street parking only. The building is not pet-friendly but does allow short-term letting, offering flexibility for future use. With MyCiti bus stops and the Jammie shuttle just a short walk away, the location is both central and highly accessible. As the property is tenanted, viewings are by arrangement. Contact Cecilia, Amanda or Larry to schedule.