0.5 Bedroom Apartment For Sale in Cape Town

Property description

OFFERS FROM R1,750,000. Asking price R1,850,000. The Winery, Mandela Rhodes Place. First time in the market in ten years. A rare opportunity to purchase one of just twenty studio apartments in this iconic complex. Superbly maintained 51m2 studio apartment, ready for you to invest in and generate an income from. When listed on airbnb this apartment has generated bookings of R25,000 to R30,000 per month. Six month lease in place at R12,500 per month from 1st May 2025. Mandela Rhodes Place boasts one of the best roof top pools in the very heart of the city. 24 hour security, access control, Motherland Coffee, and just three minutes' walk to the restaurants and vibe of Bree Street. Contact Richard today to secure this opportunity.