Property
Description
Property Description
Opportunities like this are incredibly rare on the Atlantic Seaboard. Perfectly positioned in one of Cape Town's most sought after neighbourhoods, this beautifully presented sixth floor apartment offers the ideal combination of lifestyle, location and immediate investment returns. Sold fully furnished and ready to continue operating as a successful short term rental from day one, this stylish one bedroom apartment has already proven its performance with twelve months of verified Airbnb income. Wake up with partial views of the ocean, unwind on your private balcony overlooking both the ocean and Lion's Head, and enjoy being just steps from the iconic Sea Point Promenade and right next door to the vibrant Mojo Market. Whether you are looking to expand your investment portfolio with a turnkey income producing property or secure your own lock up and go apartment in one of Cape Town's strongest performing rental markets, this is an exceptional opportunity that combines strong financial returns with an unbeatable coastal lifestyle.
Investment Opportunity
• Fully furnished and sold as a complete turnkey investment
• Professionally managed by Perch Short Stays
• 12 months of verified short-term rental trading history
• Gross rental income: R274,866 (12 months to June 2026)
• Average occupancy: approximately 85%
• Net income after levies and rates: R235,266 per annum
• Yield: 8.56%
• Strong proven income from day one, not projected figures
• Ideal investment in one of Cape Town's highest demand Airbnb destinations
Features
• 1 Bedroom
• 1 Bathroom
• 28m² sixth floor apartment
• Fully furnished and Airbnb ready
• Private balcony with outdoor dining area
• Beautiful sea views and Lion's Head views
• Open plan lounge and kitchen
• Granite countertops
• SMEG two plate induction hob with extractor
• Electric oven
• Fridge freezer
• Mini fridge
• Microwave
• Kettle
• Toaster
• Wine glasses
• Cooking essentials, crockery and cutlery included
• Spacious bedroom with walk in closet
• Built in cupboards throughout
• Full linen included
• Extra pillows and blankets
• Room darkening blinds
• Air conditioning and heating
• Modern bathroom with hairdryer, guest amenities and hot water
• Crib and child safety outlet covers
• 24 hour access controlled security
• Laundromat nearby
• Located directly next to Mojo Market
• Approximately 150 metres from the Sea Point Promenade
• Minutes from the V&A Waterfront, Clifton beaches, Camps Bay and Cape Town CBD • Levies: R2 300 p/m | Rates: ±R1 000 p/m