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

Situated on the 5th floor of the highly desirable Market House, a striking character building overlooking the lively Greenmarket Square, this stylish one bedroom apartment presents an exceptional opportunity in the heart of Cape Town’s CBD. Highly regarded for its unbeatable location and impressive short-term rental performance, Market House remains a top choice among Airbnb investors, with strong year-round occupancy demand. Comparable apartments in the building are achieving approximately R2,000 per night, offering excellent returns and making this an attractive addition to any investment portfolio. The apartment boasts a contemporary open-plan kitchen and living area that opens onto a private balcony with views across the iconic Greenmarket Square. The perfect space to enjoy the vibrant city atmosphere. Positioned at the back of the apartment for added peace and privacy, the bedroom features built-in cupboards and a calm, comfortable feel. The modern bathroom is fitted with a spacious walk-in shower, while quality finishes and tasteful lighting throughout add to the apartment’s appeal. Several other units within the scheme have recently undergone full modern renovations, demonstrating the excellent potential this apartment offers. While a complete refurbishment could further maximise value and rental returns, a simple floor replacement and fresh coat of paint would easily have the apartment Airbnb-ready. The property is currently tenanted on a long-term lease until December 2026, providing immediate rental income and added investment stability. With its excellent location and strong income-generating potential, this apartment is perfectly suited to short-term letting or as a stylish lock-up-and-go city residence. Whether you are searching for a high-yield investment or a chic urban apartment, this 5th floor gem offers outstanding value in one of Cape Town’s most sought-after CBD addresses.