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De Waterkant, De Waterkant, Cape Town, Western Cape
R 3 550 000
A rare opportunity to secure a turnkey investment property in a market where quality options are extremely limited. This well-maintained unit is currently leased to an excellent long-term tenant, delivering immediate and reliable rental income from day one. The property has benefited from significant owner investment, ensuring strong condition, reduced maintenance risk, and long-term durability. Investment Highlights: * Income-producing asset with tenant in place * Proven rental performance and stable occupancy * Well-maintained unit with substantial capital improvements completed * Low-supply market supporting strong rental demand and future value * Ideal for investors seeking predictable cash flow and minimal vacancy risk or investors ready to ride the AirBNB market * 1 Bedroom with e-suite and modern open plan design * Full concierge, 24 hour security and 1 underground parking * Furniture can be bought separately, piano will not be sold * Seriously good views of the city & mountain * Small gym available in the building Properties of this calibre rarely become available in the current market. This offering represents a secure, low-friction investment suitable for both seasoned and first-time investors looking to place capital with confidence. ??Quayside, 34 Prestwich Street, De Waterkant, Cape Town, South Africa ?? R3, 550 000 - 00 Serious inquiries only. Full financials and tenancy details available upon request.
Estimated monthly repayment
R 33 524
on a R 3 195 000 bond over 20 years at 11.25%
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De Waterkant, De Waterkant, Cape Town, Western Cape
Fair-value check
Fairly pricedIn line with comparable 1-bed apartments for sale in De Waterkant
Based on 51 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Elmarie Zuma
Unclaimed listing — claim it to verify
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