Foreshore, Cape Town

Unlock effortless passive income with this spacious 1-bedroom, 1-bathroom apartment situated in the sought-after North Wharf Hotel. Designed for hands-off investors, this property operates as part of the hotel rental pool, offering professional management from day one. Property & Investment Highlights: - Hassle-Free Management: The hotel completely manages the letting business-handling guest bookings, 100% of property maintenance, and full hotel services for guests. - Passive Income Stream: Share directly in the net profits of the hotel with regular monthly returns. - Spacious Living: Generously proportioned 1-bedroom, 1-bathroom floor plan designed for comfortable long- or short-term stays. - Premium Amenities: Building features include a rooftop swimming pool and a well-equipped gym. - Flexible Usage Options: Freedom to withdraw the unit from the rental pool for private use by providing 9 months' notice. - Parking: Parking is available separately at an additional cost through the Body Corporate. Whether you are expanding your property portfolio with a low-maintenance asset or securing a future urban residence, this North Wharf property delivers the ideal mix of financial return and long-term value. This listing is presented by Michael Hauser & Mignon Bakker.