1 Bedroom Apartment / flat for sale in De Waterkant

Modern Studio Apartment in De Waterkant – Airbnb Gem Asking Price: R3,180,000 + VAT (claimable) - No transfer duty payable - VAT should be claimable (subject to VAT Act compliance) Fully Furnished & Equipped: R50,000 (optional turnkey package) Location: De Waterkant (Green Point side), Cape Town Floor: 4th Floor Age: ±6 years This modern studio apartment is superbly positioned in the heart of De Waterkant, one of Cape Town’s most sought-after lifestyle precincts and short-term letting hubs. Only six years old, the unit is fully Airbnb compliant, with the correct zoning in place—making it an ideal income-producing investment or a stylish city base. The apartment features a contemporary open-plan layout that comfortably accommodates a king-size bed and a generous living area. Floor-to-ceiling windows and a sliding door open onto a large north-facing balcony—a valuable bonus space not included in the registered size. The well-designed kitchenette is fully equipped and perfectly suited for short-term letting. Key Features - Open-plan layout with modern kitchenette - Large north-facing balcony — not included in the registered size - Excellent security - 4th-floor position with good natural light - Airbnb money-maker with proven demand in the area - Optional fully furnished & equipped package at R50,000 for immediate letting Why This Works as an Investment: - Strong short-term rental demand in De Waterkant - Modern building and low maintenance - VAT-able supply with VAT expected to be claimable when purchased as part of a short-term rental enterprise - No transfer duty, improving cash-flow efficiency