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R3,978,000 | 2 Bedroom Apartment For Sale in Cape Town City Centre

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R3,978,000

Monthly Bond Repayment R39,715.55
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Levy
R2,692
Monthly Rates
R1,109

The ICON – 2 Bed Investor Opportunity

An exceptional opportunity to secure a premium apartment at an attractive entry price of only R39,000 per square meter – one of the most competitive rates in the Cape Town City Centre. This price point offers buyers and investors a strategic entry into a high-performing building with proven rental demand.

The Icon Building continues to deliver consistent returns, thanks to its prime location on the doorstep of the V&A Waterfront and the CTICC. Whether you are seeking a lock-up-and-go lifestyle, or a solid investment property, this apartment checks every box.

Key Features:

2 Bedrooms, 2 Bathrooms

2 Secure underground parkings

Fully furnished

Balcony with city views

Pet friendly

Access to communal pool and gym facilities

24-hour security and concierge service

Short-term rentals permitted (ideal for Airbnb investors)

Investment Advantages:

Priced at just R39,000 per square meter, making it one of the lowest entry points in the city centre.

VAT applies instead of transfer duty

For VAT-registered businesses, there is the potential to structure a zero-rated VAT transaction.

Multiple units available, giving investors options to scale their portfolio within the same development.

This is a rare chance to enter Cape Town’s central property market at a highly competitive rate, with a product that appeals equally to investors and lifestyle buyers.

Features

2
2
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
2
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Security
Yes
Parkings
2
Pool
Yes
Scenery/Views
Yes
Sizes
Floor Size
102m²
Land Size
102m²
1
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