R1,615,000

1 bedroom apartment for sale in Foreshore

1 Zeeland Pier Ii
1 Bed
1 Bath
26m²
Pool
Modern City Studio For Sale With Short-term Rental Potential

Zeeland Pier II lies within the vibrant pulse of Foreshore, Cape Town. With a prime location surrounded by multi-national businesses and major city attractions, investors will enjoy year-round short-term rentals. Strategically positioned for capital growth, Zeeland Pier II boasts 82 modern city apartments.

This studio is designed to maximise space and is perfect for short-term rental investment. Situated on the 10th floor, it offers a scenic cityscape view and overlooks Lions Head and the V&A Waterfront.

  • Floor size: 26 square meters
  • One bedroom, one bathroom
  • Open-plan kitchen and lounge

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As a turn-key serviced apartment and hotel management solution, TotalstayTM is the preferred operator to manage short-term rentals at Zeeland Pier II, which includes:

  • 24/7 Front desk and Aparthotel management
  • Comprehensive security protocols
  • Reliable cleaning and maintenance services
  • Stylish furniture pack available

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Exclusive amenities include:

  • Sundeck and indoor/outdoor swimming pool
  • Well-equipped gym
  • Co-working space
  • 24-Hour concierge and security

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Levies: R962 pm

Rates: R373 pm

Est. Bond Cost: R15 508 pm

Management Fee: R2 841 pm

Total Monthly Cost: R19 684 pm

Est. Rental: R13 567 pm

Net Return: 7.09 %

Monthly shortfall: R6 117 pm

Capital Growth: 13 %

Total Annual ROI: 20.09%

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Get in touch to discover Zeeland Pier II.

Although every endeavour has been made to quote the correct information, Cape Winelands Properties cannot be held responsible for any errors or omissions made or implied.

Property Type
Apartment
Bedrooms
1
Bathrooms
1
Building Size
26m²
Pool
Yes
No Transfer Duty
Yes
Available From
07 Aug 2024
Reference
2286193
Address
1 Zeeland Pier Ii
Property history
Listed for sale at R1,590,000
07 Aug 2024
Price increased by 1.6% to R1,615,000
19 Aug 2024
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