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Web Ref: R407
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R1,195,000 Studio apartment for sale in Cape Town City Centre
Cape Town City Centre, Cape Town
0.5
1
1
1
25
25
Prime City Investment with Immediate Rental Income

Set in the heart of Cape Town's City Centre, this well-positioned studio apartment offers an excellent opportunity for investors or those looking for a convenient lock-up-and-go city residence. The open-plan layout is practical and well-designed, complemented by a fitted kitchen and bathroom with a shower. A secure parking bay on a separate title deed is included, an asset worth approximately R200,000 that could be sold independently. Please note that the parking is in the property across the road, Four Seasons Building. Residents enjoy access to a swimming pool and gym, while cafés, restaurants, and public transport are all within easy walking distance. Currently tenanted by a long-term occupant who would like to remain, this is a fantastic opportunity to secure immediate rental income in one of Cape Town's strongest rental markets.

Features
0.5 bedrooms
1 bathroom
1 garage
1 pool
Size & Coverage
25 • Erf Size
25 • Floor Size
Rates & Levies
R500 • Rates
R1,500 • Levies
Calculator
Bond Repayment
Affordability
Bond & Transfer
Capital Gains Tax
Purchase Amount (R)
Deposit (R) (Optional)
Interest Rate (%)
Loan Term (Yrs)
Monthly Bond Payment
R 11,931
Once-off Costs
R 71,458
Deposit R 0
Bond Registration R 32,247
Property Transfer R 39,211
View bond and transfer cost breakdown
Gross Monthly Income Required
R 39,769
What do I qualify for based on my income?
Disclaimer: This calculator uses the prime interest rate by default for bond payment calculations. Please note that the actual interest rate offered by your bank may vary. Capital gains tax estimates are based on 2025/2026 South African tax year rates and exclusions. The results provided are estimates based on the entered amounts, rates, and fees and are intended for informational purposes only. While every effort is made to ensure accuracy, we cannot guarantee that the calculations are error-free or applicable to your specific circumstances. Consult a qualified tax professional for advice. We disclaim all liability for any inaccuracies or damages resulting from the use of this tool.
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Jonathan Fell Principal Property Practitioner Show Contact Details
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