Property description
Positioned in the sought-after Chapel Towers in the heart of Zonnebloem, this contemporary apartment presents an exceptional opportunity for both investors and owner-occupiers. Enjoy an elevated position with breathtaking views of Table Mountain and Lion’s Head, while being just minutes from the Cape Town CBD, CPUT, major transport routes and the V&A Waterfront.
The apartment features a modern kitchen fitted with a premium Smeg oven and hob, generous built-in storage, and bright, well-designed living spaces. Residents enjoy exclusive access to a rooftop swimming pool with panoramic City Bowl views, a fully equipped gym, 24-hour concierge service, access-controlled security and secure basement parking.
For investors, the apartment offers an estimated long-term rental potential of approximately R16,000 - R17,000 per month. At the current asking price of R1.85 million, this represents an estimated gross rental yield of approximately 10.4% - 11.0% per annum, before expenses, making it an attractive investment in one of Cape Town’s strongest rental markets.
- Pool
- Sectional Title
- Security Features
- Sea View
- Laundry
- Flooring: Tiles, Vinyl
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
