R 1 300 000 | Apartment / Flat for Sale in Cape Town City Centre

16 St Georges Mall, Cape Town City Centre, Cape Town

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AUCTION

Erf Size: 24 m²

Live smart & own bold with this modern blackbrick apartment

Going on Auction: Wednesday 28 May 2025
Reserve Price: R1 300 000.00. (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Tucked away in the heart of Cape Town’s historic city centre, this impeccably styled studio apartment in the sought-after BlackBrick development offers a unique blend of modern design, hotel-style amenities, and unbeatable location. Whether you’re a discerning investor, a digital nomad, or looking for a city pad with strong rental potential, this compact luxury unit delivers.
• Fully furnished open-plan studio apartment
• High ceilings and parquet flooring throughout
• Kitchenette includes induction stove, microwave, and bar fridge
• Neatly finished bathroom with modern fittings
• Ideal lock-up-and-go or short-term rental investment
The property is currently tenanted with a rental income of R8000.00 per month. The lease expires end July 2025 but can be extended.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.