Light Filled, Beautifully Renovated Apartment in Prime Location for Sale R 3 895 000 | OnePointFive

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Under Offer
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Light Filled, Beautifully Renovated Apartment in Prime Location

R 3 895 000
Rates: R 1 625   Levies: R 3 051   
2 Bedrooms
2 Bathrooms
Parking
76,00 M²

This immaculate, newly renovated apartment is an Airbnb and long term Investor's dream — perfectly positioned on a quiet, sought-after road and offering an elegant blend of space, light, and contemporary finishes. A must-see for buyers seeking style and convenience in a prime location. Enjoy sweeping views of the City Bowl and spectacular sunrise colours.

Perfectly positioned for lifestyle convenience, the apartment is within easy walking distance of Kloof Street, home to some of Cape Town’s best restaurants, cafés, and vibrant nightlife. Its location strikes the ideal balance — close enough to enjoy the energy and amenities of the area, yet set far enough away to ensure complete tranquillity.

Living & Dining
Located on the 2nd floor, the apartment welcomes you with an immediate sense of openness and brightness. The expansive open-plan lounge, dining, and kitchen area is flooded with natural light from multiple east-facing windows, creating a warm and inviting atmosphere throughout the day.

The brand-new kitchen offers excellent functionality, featuring two plumbing points, generous cupboard space, and a central island ideal as a dedicated work or prep area.

There is ample room to accommodate a study nook, perfect for those working from home.

Bedrooms
Both bedrooms are conveniently positioned off the main living area.
• Main Bedroom (En-Suite)
A beautifully bright, east-facing room with newly installed aluminium windows and extensive built-in cupboards. The en-suite bathroom is well-sized and fitted with a shower, toilet, basin, and single vanity.
• Second Bedroom
Light-filled with ample built-in cupboard space, ideal for guests or a home office.
• Second Bathroom
Situated just off the open-plan living area and adjacent to the second bedroom, the guest bathroom includes a shower, toilet, basin, and single vanity — doubling perfectly as a guest cloakroom.

Investment Highlights
This block is Airbnb-friendly, making the apartment an exceptional opportunity for investors. Its elevated position, beautiful views, and proximity to Cape Town’s top tourist attractions — including the City Bowl, V&A Waterfront, Table Mountain, and beaches — make it highly appealing for both local and international short-term guests. Strong occupancy levels in this area mean investors can expect attractive returns throughout the year.

Additional Features
• Dedicated, secure parking bay at the rear of the building.
• Airbnb-friendly.
• Pet-friendly (subject to Body Corporate approval).
• Prepaid electricity.
• Reasonable rates and levies.
• Well-maintained block in a peaceful, established road.

This property combines modern comfort with excellent investment appeal — ideal for homeowners and investors alike. A rare find in this location.

GardensCape TownWestern Cape  8001

Address: 5 Derwent Road

Contact the Estate Agent

Peter Stenslunde

Estate agent

0769251438

Light Filled, Beautifully Renovated Apartment in Prime Location

Features

2 Bathrooms

2 Bedrooms

Internet Access

Parking

Property Details

Listing Number

OPF7357159

Occupation Date

09, January 2026

Type Of Property

Flat / Apartment

Estate Name

PLATTEKLIP

Mandate Type

Sole

Ownership Type

Full Free Title

Listing Date

04, December 2025

Floor Size

76,00 M²

Rates & Levies

R 4 676

Pets Allowed

Yes

Backup Water Supply

No

Generator

No

Additional Features

Rooms

Bathroom 1 Main bedroom en suite. Tiled Floors, Shower, Toilet and Basin
Bathroom 2 Main bedroom. Tiled Floors, En Suite, Shower, Toilet and Basin
Bedroom 1 Next to spare bedroom and also acts as a guest loo. Tiled Floors, Blinds, Built-in Cupboards, Double Bed
Bedroom 2 Spare bedroom. Tiled Floors, Blinds, Built-in Cupboards, Double Bed

Other Features

Internet Access  Fibre

Property Disclosure

 

YES

NO

N/A

Owners Comment

Roof  

Electrical  

Plumbing  

Swimming Pool  

Heating/Cooling  

Sewerage  

Water Damage  

Structural  

Repairs  

Boundries  

Remodeling  

Permission  

Neighbouring Properties  

Municipal Policies  

Nuisances  

Special Levy  

Historic Building  

Invasive Species  

Plant Permits  


External Features

Parking  Access is through secure electric gate and bay is at the rear of the building. Single