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R1,350,000

1 bedroom apartment for sale in Foreshore

1 Bed
1 Bath
20m²
Furnished
Rare Investment Opportunity At Thibault Square Foreshore

LOCATION. LOCATION.LOCATION.

Rare investment opportunity in Thibault Square, these are highly sought after, great rental return for Airbnb/ short term rentals.

Thibault Square is a modern and stylish apartment located in the vibrant Foreshore area of Cape Town.

Here’s why it’s an excellent investment for Airbnb hosting:

Prime Location:

This property is located on the 16th Floor.

Situated in the heart of Foreshore, this property offers easy access to major attractions, business districts, and the V&A Waterfront.

Guests will appreciate the convenience of being close to the city center, restaurants, and entertainment venues.

Stunning Views:

The apartment boasts breathtaking views of Table Mountain, the harbor, and the city skyline.

Imagine your guests enjoying their morning coffee while taking in these picturesque vistas!

Modern Amenities:

The interior features contemporary design, comfortable furnishings, and all the amenities needed for a pleasant stay.

A fully equipped kitchen, high-speed Wi-Fi, and a cozy living area create a home-away-from-home experience.

Monthly Levies Includes:

Water Usage

Electricity Usage

Security

Pool Usage

Gym Usage

Parking:

This unit does offer paid underground parking, but it is not an allocated parking.

Rental Income:

Currently generating a steady air bnb rental income of about +- R19 000/month, +- 20 nights a month, this property is a reliable source of cash flow.

Cape Town’s popularity as a tourist destination ensures consistent bookings throughout the year.

Airbnb Potential:

Foreshore is a sought-after area for travelers due to its central location and proximity to key attractions.

As an Airbnb host, you can tap into the growing demand for short-term rentals and maximize your returns.

Things to Do in the Area:

V&A Waterfront: Explore the iconic V&A Waterfront, home to shops, restaurants, and entertainment options. Guests can take harbor cruises, visit the Two Oceans Aquarium, or simply enjoy the lively atmosphere.

Cape Town International Convention Centre (CTICC): Business travelers attending conferences or events at the CTICC will find this location extremely convenient.

Table Mountain: A short drive away, Table Mountain offers hiking trails and panoramic views of the city. Encourage your guests to take the cable car or hike up for an unforgettable experience.

City Bowl: Foreshore is part of the City Bowl, which means guests can easily explore attractions like Company’s Garden, Greenmarket Square, and Long Street.

Investment Benefits:

High Demand: Cape Town consistently ranks as a top travel destination, attracting both leisure and business travelers.

Year-Round Bookings: Thanks to Cape Town’s mild climate, there’s no off-season for tourism.

Potential for Capital Appreciation: Cape Town’s property market has shown steady growth over the years.

This property combines location, views, and rental income, making it an attractive investment for Airbnb hosting.

Don’t miss out on this opportunity to own a piece of Cape Town’s vibrant lifestyle!

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Stand Size
20m²
Levy
R2,000
Furnished
Yes
Available From
19 Mar 2024
Reference
2230386
Bedroom
Open plan bedroom/ living area.
Kitchen
Kitchenette with microwave and bar fridge.
Property history
Listed for sale at R1,499,000
19 Mar 2024
Price reduced by 9.9% to R1,350,000
08 Nov 2024
Get to know Cape Town
Cape Town is home to one of the most cosmopolitan communities in the world and certainly lives up to its title as the Mother City. From its beginnings as the port for the Dutch fleets, Cape Town has evolved into one of the most modern cities in South Africa and the African continent.
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