R4,950,000

R4,950,000

1 Bedroom Apartment For Sale in Sea Point
1
Bedrooms
1
Bathrooms
Sole Mandate
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Prime Sea Point Investment | Modern 1-Bedroom Aparthotel with Large Balcony & Partial Sea Views

Web Ref. LRL714
Floor size 40.00 m²
Monthly Bond Repayment
R49,419.80
Exclusive sole mandate.

A smart investment in one of Cape Town's most sought-after locations.

Positioned on Main Road in the heart of Sea Point, this modern one-bedroom apartment puts the very best of the Atlantic Seaboard right on your doorstep. Restaurants, cafés, shops and the iconic Sea Point Promenade are all within easy walking distance, with the ocean just 200m away.

The apartment offers 40m² of registered internal living space, together with an approximately 8m² private-use balcony, providing approximately 48m² of total usable space. The modern layout includes an open-plan living area, well-appointed kitchen, one bedroom, one bathroom and a generous balcony with partial sea and mountain views. Sold fully furnished, making it a convenient turnkey investment.

Strong rental track record: the apartment has been successfully occupied by a long-term tenant for approximately three years, currently generating R26,000 per month. The tenant is presently on a month-to-month arrangement, giving a new owner flexibility around the future rental strategy.

For investors, the property offers an attractive combination of a modern 2024 development and one of Cape Town's most established and desirable residential and lifestyle locations. Short-term letting is permitted, while the building already operates successfully as an aparthotel, offering flexibility for either a long-term rental or short-term/Airbnb strategy.

The building offers 24-hour reception, concierge and security, CCTV, biometric access, backup power for lifts and common areas, plus a dedicated business lounge/workspace.

With strong rental demand, flexible letting options, modern facilities and the potential for long-term capital growth, this is a compelling investment opportunity in the heart of Sea Point.

40m²
1 Bedroom
1 Bathroom
Large Balcony
Partial Sea & Mountain Views
Fully Furnished
Short-Term Letting Permitted
Aparthotel
R26,000 Current Monthly Rental

(Please note: the couch and TV differ from those shown in the listing photographs.)

Video walkthrough available on request.
Monthly Levy R2,750
Monthly Rates R1,760
Total R4,510

Features

Interior
1 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Furnished
Exterior
Balcony
Security
Scenery / Views
Sizes
Floor Size 40 m²
Additional Amenities
Balcony
Coastal Beach
En Suite
Hotel
Lifts
Near Bus Service
New Development
Oven And Hob
Shower, Toilet and Basin
Third Floor
North
Solar Panels
Backup Power
(Battery/Inverter)
Listing Info
Date Listed 15-08-26

Disclaimer

While every effort will be made to ensure that the information contained within the Lance Real Estate website is accurate and up to date, Lance Real Estate makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.