2 Bedroom Apartment / flat for sale in Cape Town City Centre

Price including VAT! No transfer duty! Enjoy great views of the harbour from this sunny and bright 88 sqm, two-bedroom, two-bathroom corner apartment situated on the 21st floor of The Pullman. Both bedrooms are en-suite, and the layout also allows for a separate study area. A well-sized storage cupboard is located within the apartment. It is sold furnished, and the building is friendly to short-term renting. Residents/guests also enjoy the unique advantage of access to The Pullman’s hotel facilities, including the swimming pool, gym and restaurant. The property includes two secure basement parking bay and strict, high-level security. The Pullman is a short walk from popular Bree Street and the Cape Town International Convention Centre. This premium property is priced at R 37 500 per sqm (ex VAT)! Based on an estimation of average income over the year (R50 000 per month) from short term letting, this apartment is able to cover costs of a 100% mortgage, rates and levies. This is based on forecasts from a short term management company that manages a few other two bedroom apartments in the building.