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De Waterkant, De Waterkant, Cape Town, Western Cape
R 3 195 000
Investment Opportunity with Lease in Place Positioned in the heart of vibrant De Waterkant, this modern 8th-floor apartment offers an excellent investment opportunity in one of Cape Town’s most sought-after urban neighbourhoods. Located on the corner of Buitengracht and Prestwich Street, the apartment enjoys beautiful mountain and harbour views, with strong long-term rental appeal. A lease is currently in place until 31 July 2027 at R16,500 per month. The lease will transfer to the purchaser, and the apartment is therefore sold with the existing tenancy in place. Apartment Features: 66 m2 apartment on the 8th floor 1 spacious bedroom with built-in cupboards En-suite bathroom with shower, basin and toilet Open-plan kitchen, dining and lounge area Additional built-in storage in the hallway Unfurnished Secure allocated parking bay on Level 4 Additional Features: Prepaid electricity Fibre/Wi-Fi and DSTV available at tenant’s cost Not pet-friendly Building Amenities: 24-hour manned security Front desk concierge Access-controlled entry Residents’ gym on the 6th floor Prime De Waterkant Location De Waterkant remains one of Cape Town’s most desirable lifestyle precincts, popular with professionals, creatives and investors alike. Enjoy convenient access to boutique retailers, trendy cafe´s, restaurants, nightlife, the V&A Waterfront, Cape Town CBD and the CTICC. An ideal lock-up-and-go apartment or turnkey investment in a high-demand rental area. Please note: The first five images are AI-generated styling impressions to show what the apartment could look like with modern furnishings. The apartment is sold unfurnished.
Estimated monthly repayment
R 30 171
on a R 2 875 500 bond over 20 years at 11.25%
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De Waterkant, De Waterkant, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Fair-value check
Good valuePriced 20% below comparable 1-bed apartments for sale in De Waterkant
Based on 36 comparable listings
A market signal from comparable listings — not a formal valuation.
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