1 Bedroom Apartment For Sale in Cape Town

Property description

Investment Opportunity with Lease in Place

Positioned in the heart of vibrant De Waterkant, this modern 8th-floor apartment offers an excellent investment opportunity in one of Cape Town’s most sought-after urban neighbourhoods.
Located on the corner of Buitengracht and Prestwich Street, the apartment enjoys beautiful mountain and harbour views, with strong long-term rental appeal.

A lease is currently in place until 31 July 2027 at R16,500 per month. The lease will transfer to the purchaser, and the apartment is therefore sold with the existing tenancy in place.

Apartment Features:
66 m² apartment on the 8th floor
1 spacious bedroom with built-in cupboards
En-suite bathroom with shower, basin and toilet
Open-plan kitchen, dining and lounge area
Additional built-in storage in the hallway
Unfurnished

Secure allocated parking bay on Level 4

Additional Features:
Prepaid electricity
Fibre/Wi-Fi and DSTV available at tenant’s cost
Not pet-friendly

Building Amenities:
24-hour manned security
Front desk concierge
Access-controlled entry
Residents’ gym on the 6th floor

Prime De Waterkant Location

De Waterkant remains one of Cape Town’s most desirable lifestyle precincts, popular with professionals, creatives and investors alike. Enjoy convenient access to boutique retailers, trendy cafés, restaurants, nightlife, the V&A Waterfront, Cape Town CBD and the CTICC.

An ideal lock-up-and-go apartment or turnkey investment in a high-demand rental area.

Please note: The first five images are AI-generated styling impressions to show what the apartment could look like with modern furnishings. The apartment is sold unfurnished.