Apartment for sale
Prime 2nd Floor 2-Bedroom Apartment in Sought-After Palm Springs, Brooklyn, Cape Town
Enjoy secure urban living in Brooklyn, Cape Town — minutes from the CBD and MyCiti, with communal pool and braai area; two-bedroom apartment ideal for investors or first-time buyers.
Welcome to Palm Springs – a secure, well-managed complex in the vibrant heart of Brooklyn, Cape Town. Whether you’re a first-time buyer, a young professional, or an astute investor, this 2nd floor 2-bedroom apartment offers unbeatable value and lifestyle convenience.
Investment Potential:
With high rental returns, low vacancy rates, and consistent demand, this apartment makes a smart, income-generating asset.
This apartment is currently leased at R 9,300/month until January 2027.
Excellent Gross Rental Yield of 11.7% and Return on Investment of 8.5%.
Before you read any further, be sure to check out the VIRTUAL TOUR of the property.
Property Highlights:
- 2 spacious bedrooms with built-in cupboards
- Open-plan lounge and kitchen – perfect for modern living
- Bathroom with shower over bath
- Pre-paid Electricity and Water Meters
- Fibre Ready
- Washing Machine point
- Secure designated parking bay
Complex Features:
- 24-hour manned security and biometric access
- Sparkling communal pool and braai area
- Laundry facilities and visitor parking
- Strong rental demand for investors
Unbeatable Location:
- Just minutes from Cape Town CBD, MyCiti routes & major highways
- Close to shopping centres, schools, and all amenities
- Ideal for UCT, CPUT, and college students
- Perfect blend of urban convenience and suburban comfort
Don’t miss this opportunity – whether you’re stepping onto the property ladder or expanding your portfolio, this is a property that ticks all the right boxes.
I invite you to arrange a Private In-Person Viewing of this beautiful property, with me, if you would like experience all that is on offer.
Additional features
Property history
Listed for sale at R950,000
Smart property insights
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 1–3 bed homes (wider size range).
Insight
Priced 48% below the local median - and below the typical range in Brooklyn.
Compared with 6 similar active listings in Brooklyn.
The lower price may partly reflect the smaller floor size.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
