Apartment for sale
Enjoy urban lock-up-and-go living in Woodstock, minutes from the CBD, V&A and Old Biscuit Mill, with a heated communal pool and compact 1-bed, 1-bath studio.
Compact, central and already income-producing — this 27m2 studio at the sought-after 1 on Albert presents an exciting opportunity for investors looking to tap into Cape Town’s short-term rental market.
Positioned just 1.5 km from Cape Town’s CBD, 1 on Albert combines modern city living with the convenience and lifestyle that short-stay guests look for. The development is officially Airbnb-friendly, making this an attractive option for investors wanting the flexibility of short-term letting.
The apartment is currently utilised for Airbnb and has generated around R10,000 in certain months, with stronger months achieving even more depending on bookings, season and occupancy. This gives a potential buyer the advantage of purchasing a property with an already proven short-term rental use case rather than starting from scratch. Rental income is variable and past performance is not a guarantee of future returns.
The 27m2 studio layout makes intelligent use of the available space, offering the lock-up-and-go convenience that appeals to tourists, business travellers, couples and professionals visiting Cape Town.
Residents and guests enjoy access to an impressive range of lifestyle and security features, including a heated communal swimming pool, recreation and braai area, high-speed fibre connectivity, biometric access, 24-hour security and CCTV surveillance, with food and lifestyle retail conveniently located on the ground floor.
Its central Woodstock location places guests within easy reach of the Cape Town CBD, V&A Waterfront, Old Biscuit Mill, cafés, restaurants and some of the city’s major attractions, helping make the apartment an appealing base for both leisure and business stays. Current Airbnb listings within 1 on Albert specifically highlight the pool deck, central location and convenient access to the CBD and Waterfront as key guest benefits.
Why Investors Should Take Notice
Approximately 27m2 studio apartment
Airbnb-friendly development
Currently operating as a short-term rental
Airbnb income has reached approximately R10,000 per month in certain months — and sometimes more
Highly central Woodstock location
Approximately 1.5 km from Cape Town CBD
Heated communal swimming pool
Braai and recreation facilities
High-speed fibre connectivity
24-hour security and CCTV
Biometric access control
Ground-floor food and lifestyle retail
Strong lock-up-and-go appeal
fully furnished
Whether you're looking to expand your property portfolio, enter Cape Town's short-term rental market or secure a centrally located city apartment, this 1 on Albert studio deserves a closer look.
Enquire today to arrange a private viewing and see the investment potential for yourself.
Listed for sale at R1,249,999
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized 1-bed homes.
Insight
Priced 3% above the local median - at the upper edge of the typical range in Woodstock.
Compared with 5 similar homes (7 listings) in Woodstock.
It costs more per m² than similar homes - buyers should compare condition, position, views, finishes and floor size before deciding.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Woodstock is a vibrant, trendy neighborhood known for its industrial-chic aesthetic, thriving creative scene, and proximity to Cape Town's city center, making it a popular choice for young professionals and artists.
