Exceptional AirBnB Investment Opportunity in the Heart of Cape Town's Cultural Hub

R 2,600,000

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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):2
Size (sqm):106
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Description
As one of the world’s most popular tourist destinations, Cape Town welcomes nearly 3 million international visitors each year, and there is always high demand for AirBnB beds. A savvy investor could leverage this fact to great advantage, creating steady income from this spacious 2 bedroom flat, while enjoying appreciation of their initial investment in as the property increases in value over time.

This “dream getaway” could not be better located, within 300 metres of the colourful homes of the BoKaap, walking distance to Iziko Museums, and nestled amongst the restaurants and boutiques of the Kloof Street lifestyle district and buzzing nightlife of Long Street.

The nearest stop of the Hop-on, Hop-off bus is a couple of hundred metres away, and the panoramic view of Table Mountain from the balcony will be the headline image that will keep your premium listing fully booked.

The property is nestled in a secure 24-hour complex, and comes with a super-sized indoor parking space, offering uncertain visitors to Cape Town peace of mind.

A large storeroom is included with the flat’s amenities, allowing for storage of linens and supplies, seasonal items, or a host’s personal possessions if you plan to use the unit yourself at times.

The flat has two generously-sized bedrooms, both with laminated flooring and built-in cupboards, providing ample space and storage. Each bedroom easily accommodates Queen-size beds. The main bedroom has a private en-suite shower room with an additional separate family bathroom with shower over bath. The lounge is exceptionally large, and could accommodate a pull-out couch for additional guests.

The finishes in the kitchen are high-end, although the granite countertop requires a polish to refresh it. The flat comes equipped with a built-in oven, hob, and extractor fan. There is under-counter plumbing for both washing machine and dishwasher.

The large open plan kitchen/lounge area seamlessly connects to an open balcony, where guests will marvel at stunning views of the iconic Table Mountain. The complex allows gas or electric grilling on the balcony, an often sought-after AirBnB amenity, especially for local visitors.

The lounge features underfloor heating, providing a touch of warmth and sophistication. DSTV cabling and fiber internet are already installed, ensuring that your guests stay connected and entertained throughout their stay.

Don't miss out on this incredible opportunity to experience luxury, convenience, and investment potential in the heart of Cape Town City Centre. Contact us for a viewing as soon as possible.

Rates And Taxes: 1450
Levies: 4885
Property Reference #: 2429

Agent Details:
Larry Hnilicka PPRA REGISTERED
Rose Eedes
23 Station Road, Observatory, 7925, Cape Town
Cape Town

Id Subtitle 1270473668
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Estimated monthly repaymentR 28,177
Total property loan amountR 2,600,000
Total interestR 4,162,333
Total repaymentR 6,762,333
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