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R1,890,000

1 bedroom apartment for sale in Cape Town City Centre

1 Bed
1 Bath
53m²
Reduced
A Smart Investment Opportunity – Fully Furnished & Airbnb-ready

Discover city living at its finest in this modern 1-bedroom apartment, right in the heart of Cape Town’s historic CBD. Perfectly positioned in the vibrant St Georges Mall, this apartment offers the ideal blend of city living and smart investment potential. Whether you are a first-time buyer, investor, or looking to tap into the Airbnb market, this property ticks all the boxes.

Apartment Features: Situated on the 10th floor, this apartment offers a spacious, open-plan layout with natural light flooding in from large windows, from which you can admire Lion’s Head. The kitchen is fitted with extractor fan, induction hob, and under-counter oven. The living area is equipped with air conditioning for hot summer days. The generously sized bedroom boasts plenty of built-in storage and is flooded with natural light. The bedroom and living area feature laminate flooring. The apartment is complete with a full bathroom featuring both a bathtub and a shower. The apartment comes with an undercover parking bay.

BONUS: 1 storeroom on the same floor as the unit is included in the sale. Start-up furniture is also included in the asking price.

34 St George’s Mall boasts 24-hour security and multiple lifts for its residents’ peace of mind. A member-subscription gym is also located in the building.

Investor Highlights: Until recently, the apartment was let on a long-term basis offering a gross return of R13,000 per month. The building is however perfectly positioned as an AirBnB investment apartment with the potential to offer great returns due to strong rental demand in the CBD.

Prime Location: Don't miss this opportunity to own a sleek city pad in one of Cape Town's most dynamic and walkable precincts. Exceptional access to public transport, major business hubs, and entertainment venues, this apartment presents excellent lifestyle opportunity or high-yield investment in one of Cape Town’s most dynamic locations.

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.

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
53m²
Living Area
1
Covered Parking
1
Rates & Taxes
R1,026.08
Levy
R2,517.53
Covered Parking
Yes
Reference
2402801
Airbnb-friendly
Yes
Storeroom
Yes
Property history
Listed for sale at R1,950,000
30 Sep 2025
Price reduced by 0% to R1,949,999
14 Oct 2025
Price reduced by 3.1% to R1,890,000
11 Nov 2025
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Cape Town is home to one of the most cosmopolitan communities in the world and certainly lives up to its title as the Mother City. From its beginnings as the port for the Dutch fleets, Cape Town has evolved into one of the most modern cities in South Africa and the African continent.
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