R2,600,000 • 1 bedroom Flat/Apartment for sale in Cape Town City Centre

Foreshore Place, 2 Riebeek Street

Cape Town City Centre, Cape Town

49m²

Modern 1-Bedroom Apartment | Furnished | Airbnb-Friendly Investment

Experience modern city living in this stylish 49sqm one-bedroom, one-bathroom apartment, perfectly positioned in a contemporary building and offered furnished. Designed for both comfortable living and investment appeal, the apartment features a modern open-plan layout, a well-appointed kitchen, a comfortable living area, and a spacious bedroom with contemporary finishes. On the 4th floor is a workspace for the residents in the building, including commercial spaces downstairs such as Mugg&Bean and ABSA. The building is Airbnb-friendly, providing an attractive opportunity for investors seeking flexibility and potential short-term rental income. Property Features: ● 49sqm apartment ● 1 bedroom ● 1 bathroom ● Modern building ● Fully furnished – furniture included in the sale ● Airbnb-friendly ● Ideal for investment or personal use ● No Parking If you're looking for a turnkey investment, a short-term rental opportunity, or a stylish city residence, this apartment offers a compelling combination of convenience, modern living, and investment potential. Do not hesitate to contact me if you are looking to view the property. E&OE Registered with the PPRA – FFC no. 1118456

Features

1 bedroom

1 bathroom

1 kitchen

1 living room

Size & Coverage

49m² • Floor Size

Rates & Levies

R2,834 • Levies

Map

Calculator

Bond Repayment

Affordability

Bond & Transfer

Capital Gains Tax

Purchase Amount (R)

Deposit (R) (Optional)

Interest Rate (%)

Loan Term (Yrs)

Monthly Bond Payment

R 25,958

Once-off Costs

R 208,871

Deposit R 0

Bond Registration R 58,856

Property Transfer R 150,015

View bond and transfer cost breakdown

Gross Monthly Income Required

R 86,527

What do I qualify for based on my income?

Disclaimer: This calculator uses the prime interest rate by default for bond payment calculations. Please note that the actual interest rate offered by your bank may vary. Capital gains tax estimates are based on 2025/2026 South African tax year rates and exclusions. The results provided are estimates based on the entered amounts, rates, and fees and are intended for informational purposes only. While every effort is made to ensure accuracy, we cannot guarantee that the calculations are error-free or applicable to your specific circumstances. Consult a qualified tax professional for advice. We disclaim all liability for any inaccuracies or damages resulting from the use of this tool.