13 Apartments In Foreshore Fully Furnished And Income Generating

Own Cape Town’s Ultimate Short-Term Rental Portfolio Opportunity

An exceptionally rare opportunity exists to acquire a portfolio of 13 fully furnished, income-producing apartments within the iconic Icon Building, perfectly positioned in the heart of Cape Town’s thriving Foreshore precinct.

Already professionally operated as successful short-term rental investments through Airscape, each apartment generates an impressive annual income of approximately R350,000 to R400,000, offering investors immediate cash flow from day one with no setup period, furnishing costs, or operational downtime.

This turnkey investment combines the security and simplicity of sectional title ownership with the returns typically associated with hospitality assets, all within one of South Africa’s most sought-after tourism and business destinations.

The Icon’s unrivalled location places guests within walking distance of the V&A Waterfront, Cape Town International Convention Centre, financial district, restaurants, nightlife, and major transport routes, ensuring year-round demand from international tourists, digital nomads, business travellers, and corporate clients.

For investors, this presents the opportunity to own a professionally managed hospitality portfolio in a world-class city consistently ranked among the globe’s most desirable travel destinations. With Cape Town’s favourable exchange rate, growing tourism sector, and strong short-term rental performance, assets of this nature remain exceptionally difficult to replicate.

Whether acquired individually or as a complete portfolio, opportunities to secure this scale of proven, income-generating stock within a single building are virtually unheard of.

Immediate income. Professional management in place. Fully furnished. Proven performance.

A true set-and-forget investment in one of the world’s most breathtaking cities.

*Two beds are also available.