Apartment for sale
Enjoy vibrant Waterkant Street living in Cape Town — ground-floor superette with rental income, furnished 2-bedroom apartment with balcony, fireplace and approved plans to build up.
- 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 R16,500,000
Wide price range across Cape Town
Prices vary widely across Cape Town, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Cape Town (R12M–R47M).
Around R9.8M typical in Cape Town City Centre (small sample of 4).
Price comparison based on 17 similar-sized 1–3 bed homes.
Market depth
17 listings
Similar homes town-wide
231 days
Median time on market
Medium inventory
Active across Cape Town
MyProperty 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 historic architecture, world-class dining, and proximity to iconic landmarks like Table Mountain.
