About this property

Compact, central and already income-producing — this 27m² studio at the sought-after 1 on Albert presents an exciting opportunity for investors looking to tap into Cape Town’s short-term rental market. Positioned just 1.5 km from Cape Town’s CBD, 1 on Albert combines modern city living with the convenience and lifestyle that short-stay guests look for. The development is officially Airbnb-friendly, making this an attractive option for investors wanting the flexibility of short-term letting. The apartment is currently utilised for Airbnb and has generated around R10,000 in certain months, with stronger months achieving even more depending on bookings, season and occupancy. This gives a potential buyer the advantage of purchasing a property with an already proven short-term rental use case rather than starting from scratch. Rental income is variable and past performance is not a guarantee of future returns. The 27m² studio layout makes intelligent use of the available space, offering the lock-up-and-go convenience that appeals to tourists, business travellers, couples and professionals visiting Cape Town. Residents and guests enjoy access to an impressive range of lifestyle and security features, including a heated communal swimming pool, recreation and braai area, high-speed fibre connectivity, biometric access, 24-hour security and CCTV surveillance, with food and lifestyle retail conveniently located on the ground floor. Its central Woodstock location places guests within easy reach of the Cape Town CBD, V&A Waterfront, Old Biscuit Mill, cafés, restaurants and some of the city’s major attractions, helping make the apartment an appealing base for both leisure and business stays. Current Airbnb listings within 1 on Albert specifically highlight the pool deck, central location and convenient access to the CBD and Waterfront as key guest benefits. Why Investors Should Take Notice Approximately 27m² studio apartment Airbnb-friendly development Currently operating as a short-term rental Airbnb income has reached approximately R10,000 per month in certain months — and sometimes more Highly central Woodstock location Approximately 1.5 km from Cape Town CBD Heated communal swimming pool Braai and recreation facilities High-speed fibre connectivity 24-hour security and CCTV Biometric access control Ground-floor food and lifestyle retail Strong lock-up-and-go appeal fully furnished Whether you're looking to expand your property portfolio, enter Cape Town's short-term rental market or secure a centrally located city apartment, this 1 on Albert studio deserves a closer look. Enquire today to arrange a private viewing and see the investment potential for yourself.