1 Bedroom Apartment / flat for sale in Sea Point

Exclusive sole mandate. A smart investment in one of Cape Town's most sought-after locations. Positioned on Main Road in the heart of Sea Point, this modern one-bedroom apartment puts the very best of the Atlantic Seaboard right on your doorstep. Restaurants, cafe´s, shops and the iconic Sea Point Promenade are all within easy walking distance, with the ocean just 200m away. The apartment offers 40m2 of registered internal living space, together with an approximately 8m2 private-use balcony, providing approximately 48m2 of total usable space. The modern layout includes an open-plan living area, well-appointed kitchen, one bedroom, one bathroom and a generous balcony with partial sea and mountain views. Sold fully furnished, making it a convenient turnkey investment. Strong rental track record: the apartment has been successfully occupied by a long-term tenant for approximately three years, currently generating R26,000 per month. The tenant is presently on a month-to-month arrangement, giving a new owner flexibility around the future rental strategy. For investors, the property offers an attractive combination of a modern 2024 development and one of Cape Town's most established and desirable residential and lifestyle locations. Short-term letting is permitted, while the building already operates successfully as an aparthotel, offering flexibility for either a long-term rental or short-term/Airbnb strategy. The building offers 24-hour reception, concierge and security, CCTV, biometric access, backup power for lifts and common areas, plus a dedicated business lounge/workspace. With strong rental demand, flexible letting options, modern facilities and the potential for long-term capital growth, this is a compelling investment opportunity in the heart of Sea Point. 40m2 1 Bedroom 1 Bathroom Large Balcony Partial Sea & Mountain Views Fully Furnished Short-Term Letting Permitted Aparthotel R26,000 Current Monthly Rental (Please note: the couch and TV differ from those shown in the listing photographs.) Video walkthrough available on request.