R 3 025 000
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1 Bed Apartment in Sea Point

1 1 39 m²

Mountain Facing Studio Apartment at The Magnolia

Situated on the corner of Conifer Road and Main Road, Sea Point, The Magnolia is more than a building its a seaside sanctuary right in the vibrant heart of Sea Point, offering a rare blend of natures calm and the citys convenience.

This 3rd floor Mountain facing Studio apartment, with an internal space of 32 square meters and a balcony of 7 square meters, will provide an open and comfortable living space.

Development Features:

- Top floor pool & communal area with incredible views.

- 6th floor Gym.

- Ground floor coffee shop.

- Ground floor restaurant.

- First floor retail.

- Biometric access control.

- Short term rental friendly.

For the investors:

- Estimated short term rental income - R24,497.00 per month.

- No Transfer Duty

**Estimated completion April 2027

Please get in touch to find out more about this exciting new development in one of Cape Town most desirable suburbs.

Property details

  • Listing number T4872760
  • Property type Apartment
  • Listing date 19 Nov 2024
  • Floor size 39 m²
  • Rates and taxes R 1 531
  • Levies R 1 688

Property features

  • Bedrooms 1
  • Bathrooms 1
  • Lounges 1
  • Balcony
  • Built in cupboards
  • Gym
  • Pool
  • Satellite
  • Scenic view
  • Security post
  • Entrance hall
  • Kitchen
  • Intercom
  • Aircon

Photo gallery