City-centre living with panoramic Table Mountain views in The Icon Building, Cape Town CBD — one-bedroom, one-bath penthouse with private balcony and secure basement parking.
Exclusive Investment in Cape Town’s Icon Building
ALL PRICING EXCLUDES VAT
Elevate your portfolio with this rare penthouse opportunity in The Icon Building—one of Cape Town’s most sought-after residential addresses. Perfectly positioned in the heart of the CBD, this 1-bedroom, 1-bathroom penthouse apartment offers a commanding blend of luxury, exclusivity, and proven rental performance.
With high demand from both corporate and leisure tenants, this unit delivers consistent returns and long-term capital growth in a premium urban location.
Features
Sophisticated Open-Plan Living: Expansive layout with high ceilings and floor-to-ceiling glass that floods the space with natural light.
Designer Kitchen: Fully integrated with high-end appliances, sleek cabinetry, and a quartz breakfast bar ideal for entertaining.
Luxury Bedroom Suite: Tranquil and spacious, with built-in wardrobes and direct access to the private balcony.
Spa-Inspired Bathroom: Elegant finishes, walk-in shower, and ambient lighting for a boutique hotel feel.
Private Balcony with Iconic Views: Uninterrupted panoramas of Table Mountain and the city skyline—perfect for morning coffee or sunset cocktails.
Climate-Controlled Comfort: Central air conditioning ensures year-round luxury living.
Secure Parking: One dedicated bay in the building’s secure basement.
Building Amenities
Rooftop swimming pool with panoramic city views
State-of-the-art fitness centre
24-hour concierge and biometric security
Lift access to all floors
On-site cafés, restaurants, and retail outlets
Proven Investment Performance
This comes with verified rental income history, making it a turnkey solution for investors seeking premium returns. With Cape Town’s CBD continuing to attract high-value tenants, The Icon remains a cornerstone of urban investment.
Whether you're securing a flagship asset or diversifying your portfolio, this penthouse delivers unmatched value, prestige, and performance.
Listed for sale at R2,562,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 37 listings in Cape Town City Centre
Insight
Priced close to the median for similar properties. On a price-per-m² basis, it is 5% below the median.
Similar properties pricing
Key differences
Affordability
R 25,150 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
37 similar listings
Medium similar-home inventory in Cape Town City Centre
Median time on market: 146 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Cape Town City Centre offers a vibrant urban lifestyle with convenient access to cultural attractions, diverse dining, and business opportunities, making it ideal for young professionals and those seeking a dynamic city experience.
* Distances and amenities are approximate.