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5 Riebeek Street, Foreshore, Cape Town, Western Cape
R 1 390 000
This stylishly furnished studio apartment, situated on the 7th floor of the sought-after BlackBrick Foreshore, presents an outstanding opportunity to acquire a fully furnished, income-generating investment in one of Cape Town's most vibrant precincts. Professionally designed by a hospitality management company, the apartment offers the refined feel of a boutique hotel. High-quality finishes, premium furnishings and carefully curated décor create a contemporary and welcoming living space. The property is sold exactly as viewed, with all furniture, appliances and décor included in the purchase price, allowing you to move in or begin generating rental income immediately. Its north-east facing aspect fills the apartment with natural light throughout the day, while its position on the 7th floor provides a quieter living environment above the bustle of the city. The property has demonstrated strong demand for furnished stays and has been successfully marketed to guests through an international booking platform. Investors also have the option of taking over the existing professional rental management, offering a seamless, turnkey investment with an established letting operation already in place. BlackBrick Foreshore Amenities: - Rooftop entertainment area with braai facilities - Modern co-working spaces and meeting rooms - On-site café serving daily breakfast - Contemporary lifestyle concept catering to both business and leisure travellers Prime Foreshore location within easy walking distance of: - Bree Street's renowned restaurants and cafés - Long Street - Cape Town International Convention Centre (CTICC) - Cape Town Railway Station - V&A Waterfront (approximately a 15-minute walk) Features - Fully furnished and equipped - High-quality interior finishes - Proven demand for furnished stays - Option to take over the existing professional rental management - Fibre internet with high-speed Wi-Fi Whether you are looking for a hassle-free investment with immediate income potential or a stylish lock-up-and-go city apartment, this beautifully appointed studio combines contemporary design, an outstanding location and excellent long-term capital growth and rental potential. Viewings are strictly by prior appointment.
Estimated monthly repayment
R 13 126
on a R 1 251 000 bond over 20 years at 11.25%
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5 Riebeek Street, Foreshore, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Good valuePriced 48% below comparable 1-bed apartments for sale in Foreshore
Based on 71 comparable listings
A market signal from comparable listings — not a formal valuation.
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