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R2,649,000 • 1 bedroom Flat/Apartment for sale in Cape Town

Cape Town, Cape Town

49m²

Airbnb Friendly 1-Bed

Welcome to Foreshore Place, Your convenient city centre home-base or investment gem. This redevelopment of the iconic ABSA building was completed in 2021, and has been an excellent performer on both the short-term and long-term rental market while seeing substantial capital appreciation since then. The building has 24hr security with access control and CCTV. All apartments are equipped with high-speed fibre and ducted air-conditioning. There is a co-working space on the 4th floor, available to all residents and guests. The development is also in one of the most convenient locations: - 1.4km to the V&A Waterfront - 5.2km to Sea Point - 750m to The Cape Town International Convention Centre - Close to MyCiti bus stop and Cape Station, with easy access to the N1 and N2 These premium apartments come standard with Bosch induction hobs, stone countertops, Legrand switches and sockets, Hansgrohe taps and showerheads. Property Specs: - 1 bedroom - 1 bathroom - Levies - R5 420 - Rates - R1 055 - Airbnb friendly - Sold fully furnished (Inventory List available upon request) Give me a shout to arrange a viewing today!

Features

1 bedroom

1 bathroom

1 kitchen

1 living room

Size & Coverage

49m² • Erf Size

49m² • Floor Size

Rates & Levies

R1,055 • Rates

R5,420 • 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 26,447

Once-off Costs

R 212,791

Deposit R 0

Bond Registration R 58,856

Property Transfer R 153,935

View bond and transfer cost breakdown

Gross Monthly Income Required

R 88,157

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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Dalen Ramnarain Candidate Property Practitioner

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