R 16 500 000
Cape Town City Centre, Cape Town
2 2.52
310 m² land53 226 R/m²
310 m² interior53 226 R/m²
- Mixed-use building in Cape Town's Waterkant Street
- Ground floor superette with working kitchen and bathroom. Currently tenanted up to 31 December 2027 receiving rental of R35,707 per month
- Existing spacious 2-bedroom, 2-bathroom apartment (first and top floor) with potential for expansion on the first floor with approved general plans for 2nd storey and potential to build up to 16 floors
- Currently tenanted and receiving R35,000/month rental income (Apartment) up to 30 September 2026 with potential Air B&B income of R48.000 per month
- Modern apartment features:
- Ample kitchen cupboard space
- Fashionable centre island and extractor fan
- Spacious rooms, lounge, and dining area
Furniture included!
Includes a well sized balcony and inside fireplace.
Two secure parking bays
Investment potential:
- Prime location in busy Waterkant Street Cape Town
- Existing Commercial and residential tenant provides immediate income stream totalling R83.000-00
- Opportunity to expand and increase rental income
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Based on 336 live for-sale listings in this suburb.
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