R1,250,000 • Studio apartment for sale in Cape Town City Centre

Cape Town City Centre, Cape Town

0.5

Long Term Rental Investment

R13 500 Long Term Rental R2 500 Rates + Levies = 10.5% nett return See the potential - long term tenants love the rooftop deck, gym, cinema, Bootleggers in the foyer and co-working space along with the central location. What's more - the unit is double volume and you can even build a ladder loft style bed. (Poorly rendered by AI in the last picture) The returns are based on achievable rentals prior to transfer without renovations. The decor can be re-upholstered and walls painted to get the aesthetic in the first image to unlock an even higher yield. Single volume studios have sold for around R1.5m this year. See the potential and buy an exceptional - no hassle investment in a well managed block in the heart of the Cape Town City Vibe. AI used for renders in first and last image to reimagine the space*

Features

0.5 bedrooms

1 bathroom

1 kitchen

1 living room

1 store room

Rates & Levies

R1,100 • Rates

R1,400 • 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 12,480

Once-off Costs

R 77,444

Deposit R 0

Bond Registration R 34,415

Property Transfer R 43,029

View bond and transfer cost breakdown

Gross Monthly Income Required

R 41,600

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.