R2,495,000 /Sale price

For an investor seeking strong short-term rental income in one of Cape Town’s premier tourist precincts, this may be the ideal opportunity. Situated on an upper floor of the iconic Holyrood Apartments, this Art Deco landmark overlooks the lush Company's Garden and sits opposite the renowned Iziko South African Museum, with a stop on the City Sightseeing Cape Town Red Bus route directly across the road. Originally designed in the 1930s as holiday accommodation for visitors to Cape Town, the building remains true to its heritage, with short-term letting and Airbnb currently permitted. Given the exceptional location and enduring tourist demand, a savvy purchaser could expect consistently high occupancy rates. The apartment itself is compact — just 34 sqm — with a modest kitchen and snug bathroom. However, many similar sized units within the building have embraced the modern movement toward intelligent small-space living, transforming these apartments into beautifully efficient holiday homes with the luxury finishes today’s travellers seek. With thoughtful design and careful renovation, this retro gem could be reimagined as a sophisticated luxury pied-a-terre. Its proximity to the city’s cultural attractions, restaurants, gardens, and transport links — including a nearby Jammie Shuttle stop just metres from the entrance — also makes it an appealing option for families seeking accommodation for a student, while retaining excellent long-term investment potential. The owner has requested a discreet sale. Kindly contact the agents directly for further information. Virtual viewings via WhatsApp video call are available.