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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
R 3 795 000
A compelling opportunity for investors, business travellers and buyers seeking an income-producing property in one of Cape Town’s most strategically positioned CBD locations. Situated within the renowned Fountains Hotel, this spacious two-bedroom, two-bathroom apartment combines the independence of a private apartment with the convenience and facilities of a four-star hotel, creating an excellent proposition for short-term letting, corporate accommodation or a lock-up-and-go city base. The building is Airbnb-friendly and permits short-term letting, opening the property to Cape Town’s strong business, conference and leisure tourism markets. The Cape Town International Convention Centre (CTICC) is approximately a 3-minute walk away, with the Foreshore, V&A Waterfront and major CBD business hubs all within easy reach. The two-bedroom, two-bathroom configuration is particularly well suited to short-term and corporate accommodation, comfortably catering for business travellers, couples and families. The open-plan kitchen, dining and living area leads onto a balcony overlooking the historic Adderley Street Fountain and surrounding cityscape. Both bedrooms are generously proportioned with ample storage, while one secure underground parking bay is included. Residents and guests enjoy access to the facilities of Fountains Hotel, including swimming pools, restaurant and bar, 24-hour reception and security, conference and business facilities and tourism support. WiFi is included, while centralised hot water forms part of the levies, helping to reduce electricity consumption within the apartment. For investors, the flexibility of the property is a significant advantage. It can be positioned for nightly short-term accommodation, corporate and medium-term stays or conventional long-term letting, allowing the rental strategy to be adapted according to market demand. The existing furniture can be purchased separately, providing investors with the opportunity to acquire a near-turnkey short-term rental with minimal setup required. Whether you’re looking to expand a short-term rental portfolio, secure a Cape Town base for business travel or are simply drawn to the cosmopolitan city lifestyle, this apartment offers a particularly versatile investment opportunity in the heart of Cape Town.
Estimated monthly repayment
R 35 837
on a R 3 415 500 bond over 20 years at 11.25%
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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Fairly pricedIn line with comparable 2-bed apartments for sale in Cape Town City Centre
Based on 181 comparable listings
A market signal from comparable listings — not a formal valuation.
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