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R2,000,000

Monthly Bond Repayment R20,643.77
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R1,837
Monthly Rates
R470

Prime Location with Spectacular Views

This one-bedroom apartment is a rare opportunity for investors seeking a high-yield asset in one of Cape Town’s most desirable locations. Offering uninterrupted views of Table Mountain, Lion’s Head, and Signal Hill, as well as breathtaking Atlantic Ocean sunsets, this property combines stunning scenery with a proven track record of rental success.

Currently operating as a thriving Airbnb, the apartment generates strong returns with high occupancy rates. Its location ensures consistent demand, positioned just steps from the MyCiTi bus station, providing seamless access to the V&A Waterfront and Cape Town’s city center. Whether catering to short-term holidaymakers or long-term tenants, this property offers versatility and immediate income potential.

Designed with both style and functionality in mind, the modern kitchen features elegant Tanzanian granite countertops that extend into a flexible dining and work area. This layout enhances usability, making it attractive to digital nomads and young professionals. The kitchen is fully plumbed for a dishwasher and washing machine, adding to the apartment’s convenience and rental appeal.

Beyond the apartment itself, the surrounding lifestyle offerings add further investment value. Milnerton Beach is just a short walk away, along with popular cafés, restaurants, and the Milnerton Links Golf Course. A small shopping center, banking facilities, and daily essentials are all within easy reach. The secure complex features automated access control, and the lock-up garage provides secure parking or additional storage—further enhancing its desirability.

With its unbeatable combination of location, income potential, and lifestyle appeal, this apartment is a smart acquisition for investors looking to capitalize on Cape Town’s thriving property market. Don’t miss the chance to secure a high-performing asset in an iconic setting.

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Sizes
Floor Size
64m²
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

20,643.77

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