R 2 899 000 | 2.0 bed property for sale in cape town city centre

This spacious and fully furnished 2-bedroom, 2-bathroom apartment in the highly sought-after Flatrock Apartments presents an exceptional investment opportunity in the heart of Cape Town City Centre. With strong rental history and even stronger Airbnb potential, this turnkey unit is perfect for investors looking for reliable returns. The apartment offers an expansive private balcony with beautiful city and mountain views, a bright open-plan living space, modern finishes, and secure parking. Flatrock Apartments is a well-managed building with 24/7 security and concierge services, ensuring peace of mind and high guest satisfaction. AIRBNB INCOME POTENTIAL Previously rented mostly as a long-term Airbnb, the unit achieved a consistent income of: ? R25 000 – R28 000 per month (Feb 2024 – Oct 2025) However, based on current live Airbnb rates, the property offers significantly higher short-term potential: ? R2 200/night off-season ? R2 800 – R3 000 per night in peak season This location performs exceptionally well during December, New Year, Easter, major events, and throughout summer — making it a standout high-demand listing. Projected peak-season revenue: R40 000 – R60 000 per month ? 2 Spacious Bedrooms ? 2 Modern Bathrooms ? Large Private Balcony with Views ? Open-Plan Kitchen, Dining & Lounge ? Fully Furnished – Airbnb Ready ? Secure Basement Parking Bay ? 24/7 Security & Concierge ? Excellent Walkability & Central Location With strong occupancy and high seasonal rates, this property offers excellent projected returns well above traditional rentals. MAKE AN OFFER - LETS TALK!!!