This sunny, North-West facing apartment is located on the seventh floor of Flatrock Apartments and offers wonderful views from the large semi-enclosed balcony.
The apartment comprises a large open plan kitchen / living area (which gets plenty of natural light from the wall-to-ceiling windows), two bedrooms, and two bathrooms (one en-suite). The living room and main bedroom are air-conditioned.
The current owner is short-term letting the apartment on AirBnB and generating an average monthly gross rent of R 35k, which equates to a phenomenal gross yield of 13.5%!
The complex is secure (24-hour manned security), and permits short-term rentals. It's extremely well located between two of Cape Town's most popular streets - Bree Street and Loop Street - and is a short walk away from some of the best coffee shops, restaurants, bars/clubs, and tourist attractions the City has to offer!
The apartment comes with an exclusive parking bay.