R2,300,000

R2,300,000

1 Bedroom Apartment For Sale in Cape Town City Centre
1
Bedrooms
1
Bathrooms
702 Foreshore Place, 27 St Georges Mall

1 Bedroom Apartment For Sale in Cape Town City Centre

Web Ref. CACB-6565
Floor size 33.00 m²
Monthly Bond Repayment
R22,577.79
Stylish Corner Unit | High-Yield Airbnb Investment in Cape Town City Centre

Positioned in the heart of Cape Town’s vibrant City Centre, this sleek and modern 1-bedroom corner apartment offers an exceptional opportunity for investors seeking strong, consistent Airbnb returns in a high-demand location.

Why this property stands out:
This is not your typical unit in the block — the corner position allows for enhanced privacy, better natural light, and a more spacious feel, making it significantly more desirable for short-term guests and long-term tenants alike.

Property Features:

- 1 Bedroom (separate from living area – a rare and valuable layout for this size)

- 1 Bathroom

- 33m² intelligently designed space

- Open-plan lounge with kitchen along the wall

Sold semi-furnished, including:

- Custom-made corner couch

- Dining table & chairs

- Console tables

- Office desk & chair

- Select bedroom artwork

Investment Highlights:

- Proven high Airbnb income potential in a prime tourist hotspot

- Airbnb-friendly building

- Strong occupancy rates due to unbeatable location

- Corner unit advantage = higher guest appeal and premium nightly rates

Additional Value:

- Parking bay currently rented (there may be an option to take over lease for convenience- to discuss with the agent)

- Storeroom available at an additional R70,000

Location, Lifestyle & Demand:
Located in Cape Town’s bustling CBD, this apartment places you within walking distance of:

- Trendy restaurants, cafés, and nightlife

- Major business hubs and co-working spaces

- Cultural attractions, galleries, and museums

- Easy access to public transport and main routes

This area is a top choice for international and local Airbnb guests, ensuring year-round demand driven by tourism, business travel, and digital nomads.

The Bottom Line:
Attractive because of:

- Its corner-unit exclusivity

- Superior Airbnb performance potential

- Turnkey semi-furnished convenience

- Prime inner-city positioning

An ideal opportunity for the savvy investor looking to secure a high-performing, income-generating asset in one of Cape Town’s most sought-after rental zones.

Enquire today to secure this standout investment.
Monthly Levy R1,421
Monthly Rates R738
Total R2,159

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Exterior
Sizes
Floor Size 33 m²
Additional Amenities
Built in Wardrobes
Scenic View
24 Hour Response
Listing Info
Date Listed 19-03-26
Alexia Sarris
Alexia Sarris Agent

Disclaimer

While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.