Web Ref: R1019

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R1,230,000 • 1 bedroom Flat/Apartment for sale in Cape Town

Cape Town, Cape Town

1

21m²

Airbnb-Friendly Studio with Private Courtyard

This well-appointed 21sqm studio apartment in the popular 1 On Albert offers a rare combination of strong investment and lifestyle appeal. One of the few units featuring a private, astroturfed courtyard. The unit performs very well on short-term letting and long-term letting. The studio is fully furnished and equipped with a two-plate gas hob, ensuring efficient day-to-day living. Residents enjoy access to a communal recreation room with pool and lounge area, as well as a nearby outdoor set up complete with TRX straps, dip bars, pull-up bars and a battle rope. With low monthly running costs, excellent amenities, and solid rental demand, this property presents an attractive turnkey investment.

Features

1 bedroom

1 bathroom

1 kitchen

1 garden

1 pool

Size & Coverage

21m² • Erf Size

21m² • Floor Size

Rates & Levies

R240 • Rates

R781 • Levies

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Bond Repayment

Affordability

Bond & Transfer

Capital Gains Tax

Purchase Amount (R)

Deposit (R) (Optional)

Interest Rate (%)

Loan Term (Yrs)

Monthly Bond Payment

R 12,280

Once-off Costs

R 76,844

Deposit R 0

Bond Registration R 34,415

Property Transfer R 42,429

View bond and transfer cost breakdown

Gross Monthly Income Required

R 40,934

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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