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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!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R18,600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 48 listings in Cape Town City Centre
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 50% above the median. Floor size is 204% larger than typical for similar homes.
Similar properties pricing
Key differences
Market depth
48 similar listings
High similar-home inventory in Cape Town City Centre
Median time on market: 179 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, 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.
* Distances and amenities are approximate.
