1 Bedroom Apartment For Sale in Cape Town

Property description

Unlock effortless passive income with this spacious 1-bedroom, 1-bathroom apartment situated in the sought-after North Wharf Hotel. Designed for hands-off investors, this property operates as part of the hotel rental pool, offering professional management from day one.

Property & Investment Highlights:
- Hassle-Free Management: The hotel completely manages the letting business—handling guest bookings, 100% of property maintenance, and full hotel services for guests.
- Passive Income Stream: Share directly in the net profits of the hotel with regular monthly returns.
- Spacious Living: Generously proportioned 1-bedroom, 1-bathroom floor plan designed for comfortable long- or short-term stays.
- Premium Amenities: Building features include a rooftop swimming pool and a well-equipped gym.
- Flexible Usage Options: Freedom to withdraw the unit from the rental pool for private use by providing 9 months' notice.
- Parking: Parking is available separately at an additional cost through the Body Corporate.

Whether you are expanding your property portfolio with a low-maintenance asset or securing a future urban residence, this North Wharf property delivers the ideal mix of financial return and long-term value.

This listing is presented by Michael Hauser & Mignon Bakker.
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.
Disclaimer: Any price displayed in a foreign currency is for information purposes only and is an estimate based on the applicable exchange rate at the time of publication. Exchange rate fluctuations may result in variations. The official asking price is the South African Rand (ZAR) price.