Apartment for sale at 116 Kloof St (c), Shannondale
Earn from Kloof Street’s vibrant cafe-and-restaurant scene, steps from Table Mountain trails — two Airbnb-ready self-contained studios on one title with private balcony, secure off-street parking.
A rare and lucrative investment opportunity in the highly desirable Shannondale building. Maximising rental yield and space, this property comprises two completely self-contained studio apartments on a single title deed - each featuring its own private entrance for complete autonomy and guest privacy.
Fully Airbnb-friendly, this setup offers extraordinary short-term rental appeal or steady dual long-term tenancies in one of Cape Town’s most consistently high-demand lifestyle corridors.
Property Highlights:
- Two Units, One Deed: Double your income potential while benefiting from a single sectional title purchase.
- Completely Separate Entrances: Guarantees total privacy for tenants or Airbnb guests.
- Prime Kloof Street Setting: Perched right at the top of Kloof Street, footsteps from premier cafes, award-winning eateries, boutique shops, and direct routes up Table Mountain or down to the Atlantic Seaboard.
- Outdoor Space & Secure Parking: One studio opens onto a charming private balcony ideal for morning espresso or sundowners. Includes a dedicated, secure off-street parking bay - a premium asset in this neighbourhood.
- Built-in Versatility: Keep the lucrative two-studio configuration, or easily recombine the space into an expansive one- or two-bedroom apartment to suit your personal lifestyle.
Whether you are looking to supercharge your property portfolio with a high-performing short-let asset or secure a versatile base in the heart of the City Bowl, this property delivers unmatched positioning and performance.
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 R3,350,000
Too few homes for a price verdict
Only 7 similar homes are listed in Gardens right now — too small a sample to fairly benchmark this asking price against.
How does this home’s price compare with similar properties?
Price comparison based on 7 similar-sized 1–3 bed homes (wider size range).
Market depth
7 similar homes
8 listings in Gardens
Low inventory
Active in Gardens
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Gardens is a vibrant, leafy suburb nestled at the foot of Table Mountain, offering residents a sophisticated urban lifestyle with easy access to trendy cafes, historic architecture, and the heart of Cape Town's city center.
