Foreshore
R3,400,000 Web Ref 1352098
PROPERTY FEATURES
1 Bedroom | 1 Bathroom | 1 TV Room | Security | Kitchen | 1 Parking Space
The City Called. This Apartment Answered. | Foreshore Place
Perched on the 12th floor above Cape Town's vibrant CBD, this impeccably appointed one-bedroom apartment at Foreshore Place presents an exceptional opportunity to acquire a high-performing, fully furnished investment in one of the city's most dynamic precincts. Designed for modern urban living, the intelligently planned 43m² interior is finished to an exceptional standard, with premium furnishings included in the sale. The elevated position delivers expansive city views and an abundance of natural light—an advantage that distinguishes this apartment from lower-floor alternatives. A secure, dedicated parking bay is included, representing an asset with an estimated replacement value of approximately R350,000—a significant advantage in the CBD where secure parking remains in high demand. Foreshore Place has established itself as one of Cape Town's leading short-term rental developments, with the apartment currently enjoying an impressive 96% Airbnb occupancy rate. The scheme expressly permits short-term letting, allowing owners the flexibility to maximise returns through daily rentals or transition seamlessly to the long-term market as conditions dictate. Residents benefit from 24-hour concierge and access-controlled security, high-speed fibre connectivity, a rooftop entertainment terrace with panoramic views, co-working facilities, and an on-site café—creating a sophisticated lock-up-and-go lifestyle for professionals, business travellers and holidaymakers alike. Ideally positioned within walking distance of the CTICC, V&A Waterfront, St George's Mall, the financial district, and the MyCiTi transport network, the location continues to attract both corporate and leisure demand throughout the year. For investors seeking immediate income, premium finishes, exceptional occupancy, and enduring capital growth potential, this apartment represents a compelling opportunity in Cape Town's flourishing Foreshore market. Sole & Exclusive Mandate

ERF Size 3,275 m²
Building Size 43m²
Rates R1,292 per month
Sectional Title Levies R4,943
Samantha Roberts sam.r@rawson.co.za
Samantha Roberts
c. 0837855505