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R3,995,000

0 Stonehill, 20-22 Riebeek Street

Monthly Bond Repayment R41,235.93
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R3,900
Monthly Rates
R1,544.9

Light & bright furnished modern 2 bed 2 bath unit at The popular Pullman!

Located in the vibrant heart of Cape Town’s City Centre, this modern 2-bedroom furnished apartment offers a rare chance to combine luxury living with lucrative short-term rental potential. The Pullman Hotel (formerly the Radisson Hotel) is now fully Airbnb-friendly, providing a seamless system for investors. Registered apartments can be listed on platforms such as Airbnb and Booking dot com, with the added advantage of receiving overflow bookings directly from the hotel during peak demand periods. A dedicated management company appointed by the hotel ensures smooth check-ins and check-outs, making this a hassle-free income generator.

This 5-star establishment is a favorite among international and local travelers for its luxurious offerings and unbeatable convenience. Residents and guests enjoy access to top-tier amenities, including a rooftop pool with panoramic views, an on-site bar and restaurant, a fully equipped gym, and secure 24-hour security. The apartment’s prime location provides easy access to iconic attractions like Table Mountain, Lion’s Head, and the V&A Waterfront, as well as Cape Town’s finest restaurants and cultural landmarks.

Featuring a modern open-plan layout, the apartment is perfectly designed for comfort and style. Both en-suite bedrooms flow from the main living area, with the sleek kitchen offering built-in appliances, plumbing for two devices, and ample storage. Floor-to-ceiling windows flood the space with natural light while offering breathtaking views of Table Mountain, Lion’s Head, and the city.

This fully furnished apartment is move-in or rent-out ready, complete with air conditioning, two secure undercover parking bays, high-speed internet connectivity, and no interruptions from load-shedding. The selling price includes all furniture, ensuring a hassle-free purchase and immediate rental potential.

With Cape Town’s thriving tourism market and the added benefits of the Pullman Hotel’s Airbnb system, this property is the perfect investment for generating consistent returns while offering a premium lifestyle. Don’t miss out on this exceptional opportunity.

Features

2
2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
2
Security
Yes
Pool
Yes
Sizes
Floor Size
80m²

Cape Town City Centre, Cape Town

A profile of Cape Town property from a buyer's perspective, with information on facilities and attractions. Cape Town City Centre Property Cape Town City Centre property has seen a major revival, with rapid growth over recent years. More and more young professionals are choosing to live in Cape Town's vibrant CBD, and investors and developers are battling to meet demand. The city centre now features many...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

41,235.93

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