Own a Full Floor in Long Street – 10 Studio Units
Invest in a full floor of income generating residential units, perfectly positioned in Cape Town’s iconic Long Street. This 380m² floor comprises 10 fully renovated studio apartments, each finished to a modern standard and ideal for the long term rental market.
With lift access, secure common entry, and a prime location in the heart of the city, this opportunity offers strong upside for seasoned investors.
Currently partially tenanted with long term leases in place that have 10% annual escalations, the floor has a fully let potential income of ±R80,000/month. If one was to turn these into short term let properties this yield would have a potential to be significantly higher.
Highlights:
Sectional title ownership of entire floor
10 modern studio apartments
Strong fully let yield
Lift & stair access
Central location near restaurants, transport, and universities
Ideal for long term or short term rentals
This is a rare opportunity to secure a full floor of residential units in Cape Town CBD with strong yield potential and growth upside.
With lift access, secure common entry, and a prime location in the heart of the city, this opportunity offers strong upside for seasoned investors.
Currently partially tenanted with long term leases in place that have 10% annual escalations, the floor has a fully let potential income of ±R80,000/month. If one was to turn these into short term let properties this yield would have a potential to be significantly higher.
Highlights:
Sectional title ownership of entire floor
10 modern studio apartments
Strong fully let yield
Lift & stair access
Central location near restaurants, transport, and universities
Ideal for long term or short term rentals
This is a rare opportunity to secure a full floor of residential units in Cape Town CBD with strong yield potential and growth upside.
Features
Interior
Sizes
Listing Info
Cape Town City Centre, Cape Town
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Revo Property website is accurate and up to date, Revo Property 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.
