R2,100,000

R2,100,000

0.5 Bedroom Apartment For Sale in Cape Town City Centre
0.5
Bedrooms
1
Bathrooms
01 Foreshore Place, 2 Riebeek Street
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High-Yield Airbnb Investment: 33 m² Studio on 11th Floor

Web Ref. TPR27518
Floor size 33.00 m²
Monthly Bond Repayment
R20,965.97
Prime CBD location in Cape Town's iconic 34-storey Foreshore Place—a proven Airbnb performer with impressive short-term rental returns.

Location Advantages:

>Heart of the financial district, steps from CTICC & V&A Waterfront
>Walking distance to restaurants, attractions, and corporate headquarters
>MyCiTi bus stops and ride-share zones at the door
>Appeals to both car-free travellers and those seeking secure vehicle storage

Investment Features:

>One private secure parking bay included—a major competitive advantage
>Stunning 11th-floor mountain and city views
>Turnkey setup with modern appliances and furniture
>Sun-filled open-plan design maximising space
>Centralised air conditioning with backup power (no load shedding!)
>High-end finishes throughout
>High-speed fibre connectivity

Building Amenities That Drive Premium Rates:

>24-hour CCTV concierge security
>Professional concierge service (hotel-like experience)
>On-site housekeeping and laundry services (for an additional fee)
>Business lounges and boardrooms
>Welcoming lobby

Why This Investment Works:

>Secure parking bay commands premium nightly rates and attracts longer stays
>Consistently high occupancy rates in Foreshore Place
>Appeals to business travellers, tourists, families with rental cars, and corporate lets
>CTICC proximity drives mid-week bookings year-round
>Low-maintenance, professional building management
>Parking scarcity in CBD makes this a standout listing

Turnkey Passive Income

Purchase, list, and earn. Cape Town's thriving short-term rental market, combined with this prime location and rare parking inclusion, equals proven cash flow.
Secure your high-performing asset today.
Monthly Levy R3,300
Monthly Rates R1,200
Total R4,500

Features

Interior
0.5 Bedroom
1 Bathroom
1 Kitchen
1 Lounge
Exterior
1 Parking (Secure Parking)
Security
Scenery / Views
Sizes
Floor Size 33 m²
Listing Info
Date Listed 12-11-25
Time Listed 10:58

Disclaimer

While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.