Apartment for sale at 1 Lower Bree St (c), North Wharf
Effortless waterfront living and passive income at North Wharf Hotel — professionally managed rental pool, rooftop swimming pool and gym, flexible private-use option; one bedroom, one bath.
Unlock effortless passive income with this spacious 1-bedroom, 1-bathroom apartment situated in the sought-after North Wharf Hotel. Designed for hands-off investors, this property operates as part of the hotel rental pool, offering professional management from day one.
Property & Investment Highlights:
- Hassle-Free Management: The hotel completely manages the letting business—handling guest bookings, 100% of property maintenance, and full hotel services for guests.
- Passive Income Stream: Share directly in the net profits of the hotel with regular monthly returns.
- Spacious Living: Generously proportioned 1-bedroom, 1-bathroom floor plan designed for comfortable long- or short-term stays.
- Premium Amenities: Building features include a rooftop swimming pool and a well-equipped gym.
- Flexible Usage Options: Freedom to withdraw the unit from the rental pool for private use by providing 9 months' notice.
- Parking: Parking is available separately at an additional cost through the Body Corporate.
Whether you are expanding your property portfolio with a low-maintenance asset or securing a future urban residence, this North Wharf property delivers the ideal mix of financial return and long-term value.
This listing is presented by Michael Hauser & Mignon Bakker.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
Disclaimer: Any price displayed in a foreign currency is for information purposes only and is an estimate based on the applicable exchange rate at the time of publication. Exchange rate fluctuations may result in variations. The official asking price is the South African Rand (ZAR) price.
Listed for sale at R3,450,000
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 (R2M–R3.8M).
Around R3.9M typical in Foreshore (small sample of 4).
Price comparison based on 38 similar-sized 1-bed homes.
Market depth
38 similar homes
39 listings across Cape Town
69 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.
Foreshore is a vibrant, centrally located urban hub in Cape Town that offers residents unparalleled access to the city's business district, major transport links, and the iconic V&A Waterfront.
