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0.5 Bedroom Apartment For Sale in Cape Town

Na 1 On Albert, 1 Albert Street, Cape Town, Western Cape, South Africa
R 1195000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 24 m2
Levies R 1500
Listing Date April 26, 2026
Floor Size 24 m2
Rates and Taxes R 400
Details
Map
Street view
Local info

Property description

Sole & Exclusive Mandate

This well-maintained studio apartment offers a practical and secure living space in a sought-after area, with the added benefit of a basement parking bay — a valuable feature where parking is limited.

The unit is neat and well cared for, featuring an open-plan layout with a private balcony enjoying views towards the Waterfront. The bathroom is fitted with a shower, basin, and toilet, providing simple and functional convenience.

The building is well-managed and equipped with elevators throughout, ensuring easy access, along with onsite security and camera surveillance, offering peace of mind for residents and tenants alike.

Perfectly positioned close to key amenities, this property presents a strong opportunity for investors. Whether for short-term letting or long-term rental, the unit is well-suited to generate consistent returns, with an expected net yield of approximately 8%.

Key Features:

-Studio apartment
-Balcony with Waterfront-facing views
-Basement parking (scarce in the area)
-Well-maintained unit
-Secure building with cameras throughout
-Onsite security
-Elevator access
-Close to amenities
-Ideal for short-term or long-term letting
-Pool
-Estimated net yield: ±8%
- Furnished

Get in touch to arrange a viewing!

  • Pool
  • Sectional Title
  • Security Features
  • Sea View
  • Flooring: Tiles
  • Walling: Fully Fenced

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