Enjoy vibrant Upper Salt River living near Old Biscuit Mill, UCT and the CBD; investor-ready with tenant in place, city-view lounge and one-bedroom, one-bath apartment with secure parking.
Calling all investors. This well-positioned 48 sqm one-bedroom apartment in the sought-after Durham Square offers an excellent opportunity for immediate rental income, with an excellent tenant already in place.
The apartment features a comfortable open-plan layout with a lounge, dining area, and kitchen flowing seamlessly together. City views from the lounge windows, bringing in natural light and creating an easy, urban living environment
The bedroom is well-sized with built-in cupboards, complemented by a neat bathroom. The unit also includes one secure parking bay, adding valuable convenience.
Durham Square is a well-managed complex offering 24-hour security, providing peace of mind for both residents and investors.
Ideally located in Upper Salt River, the apartment is within close proximity to:
·University of Cape Town
·Groote Schuur Hospital
·Cape Town CBD
The surrounding neighbourhood of Salt River, along with nearby Woodstock and Observatory, is known for its vibrant, evolving urban culture, offering a mix of cafés, eateries, creative spaces, and convenient transport links.
The popular Old Biscuit Mill is also nearby, renowned for its design stores and the bustling Neighbourgoods Market.
Whether you’re looking to expand your investment portfolio or secure a well-located city apartment, this property ticks all the right boxes.
Listed for sale at R1,150,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 219 listings in Cape Town (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Affordability
R 11,289 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
219 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 150 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
Salt River is a vibrant and increasingly popular inner-city suburb known for its creative energy, street art, and mix of residential and industrial spaces, attracting young professionals and artists.
* Distances and amenities are approximate.