1 Bedroom Apartment For Sale in Cape Town City Centre
R2,150,000
Monthly Bond Repayment R21,465.17
Calculated over 20 years at 10.5% with no deposit.
Web Ref No KIR257
City Heritage
Situated in the vibrant heart of Cape Town’s city centre, this beautifully maintained apartment lies within the iconic Market House – originally the Commercial Union Building – an Art Deco masterpiece built in 1933. The building features decorative stonework, a striking façade, and an entrance flanked by carved griffins, offering a rare blend of historic character and modern convenience.
This north-east facing corner apartment enjoys natural light and sunrise views over Devil’s Peak. The open-plan living, dining, and kitchen area is bright and welcoming, with a mirrored wall that enhances the sense of space. Should you decide not to take advantage of one of the myriad of cafes and restaurants on your doorstep, the kitchen is well-appointed, offering generous storage, ample prep space, and a built-in dishwasher.
The spacious bedroom features two full walls of built-in wardrobes and double-glazed windows that ensure a quiet, restful night’s sleep. The full bathroom includes a shower over the bath, and the passageway offers space for both a washing machine and a dryer, adding to the apartment’s practicality.
Market House offers 24-hour manned security at the main entrance, along with secure key tag access, providing peace of mind in one of Cape Town’s most energetic urban locations.
This apartment has operated as a highly successful Airbnb for over a decade, offering a strong return on investment and an excellent track record. It’s an ideal opportunity for investors seeking a proven income-generating property or for buyers looking for a stylish lock-up-and-go city pad.
Greenmarket Square is one of Cape Town’s oldest and most historically rich areas, renowned for its distinctive Art Deco architecture. The surrounding neighbourhood has been extensively gentrified over the last 10 years and now features Labotessa and Gorgeous George boutique hotels, Fyn and Grub and Vine for fine dining, coffee shops, and galleries. Bree Street, home to some of the city’s best bars and restaurants such as Clarke's, Iron Steak , is just a short walk away, and several MyCiTi bus stops nearby make commuting or exploring the city effortless.
This is a rare opportunity to own a piece of Cape Town’s heritage in a location that offers both cultural charm and urban convenience. Contact us today to arrange a private viewing.