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2 Bedroom Apartment For Sale in Cape Town

203 & 204 Shannondale, 116 Kloof St (c), Cape Town, Western Cape, South Africa
R 3350000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size NA
Levies R 2454.15
Listing Date April 09, 2026
Floor Size 58 m2
Rates and Taxes R 1847.86
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Property description

A rare and lucrative investment opportunity in the highly desirable Shannondale building. Maximising rental yield and space, this property comprises two completely self-contained studio apartments on a single title deed - each featuring its own private entrance for complete autonomy and guest privacy.

Fully Airbnb-friendly, this setup offers extraordinary short-term rental appeal or steady dual long-term tenancies in one of Cape Town’s most consistently high-demand lifestyle corridors.

Property Highlights:
- Two Units, One Deed: Double your income potential while benefiting from a single sectional title purchase.
- Completely Separate Entrances: Guarantees total privacy for tenants or Airbnb guests.
- Prime Kloof Street Setting: Perched right at the top of Kloof Street, footsteps from premier cafes, award-winning eateries, boutique shops, and direct routes up Table Mountain or down to the Atlantic Seaboard.
- Outdoor Space & Secure Parking: One studio opens onto a charming private balcony ideal for morning espresso or sundowners. Includes a dedicated, secure off-street parking bay - a premium asset in this neighbourhood.
- Built-in Versatility: Keep the lucrative two-studio configuration, or easily recombine the space into an expansive one- or two-bedroom apartment to suit your personal lifestyle.

Whether you are looking to supercharge your property portfolio with a high-performing short-let asset or secure a versatile base in the heart of the City Bowl, this property delivers unmatched positioning and performance.
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.

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