Apartment for sale
Enjoy vibrant Waterkant Street living with immediate income — ground-floor superette plus a spacious two-bedroom, 2.5-bath apartment with balcony, fireplace and two parking bays.
- Mixed-use building in Cape Town`s Waterkant Street
- Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month
- Existing spacious 2-bedroom, 2-bathroom apartment (first and top floor) with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors
- Currently tenanted and receiving R35,000/month rental income (Apartment) up to 30 September 2026 with potential Air B&B income of R48.000 per month
- Modern apartment features:
- Ample kitchen cupboard space
- Fashionable centre island and extractor fan
- Spacious rooms, lounge, and dining area
Furniture included!
Includes a well sized balcony and inside fireplace.
Two secure parking bays
Investment potential:
- Prime location in busy Waterkant Street Cape Town
- Existing Commercial and residential tenant provides immediate income stream totalling R83.000-00
- Opportunity to expand and increase rental income
Interested in more details or viewing? Call me today!
Listed for sale at R18,600,000
Compared with 42 active listings in Cape Town City Centre.
Insight
Priced 368% above the local median — and above the typical range for Cape Town City Centre.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding.
Similar properties pricing
Key differences
Premium priced · based on 41 listings
Large at a premium · based on 41 listings
Market depth
42 listings
Similar homes in Cape Town City Centre
184 days
Median time on market
Many similar homes
Active in Cape Town City Centre
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Cape Town City Centre offers a vibrant, fast-paced urban lifestyle characterized by its historic architecture, proximity to world-class business hubs, and a dynamic culinary scene nestled at the foot of Table Mountain.
