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R23,000,000 | 654m² Apartment Block For Sale in Table View

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R23,000,000

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R4,404.30

Prime Investment Opportunity: Leetch Views, 9 Boy De Goede Circle – Fully Furnished Airbnb-Ready

Leetch Views presents an exceptional investment opportunity in the heart of Table View, Cape Town. This income-generating property offers a diverse mix of fully furnished, Airbnb-ready apartments designed with modern finishes and open-plan living.

The property comprises:

8 × 2-Bedroom, 1-Bathroom Units – Spacious open-plan kitchen, dining, and lounge areas.

2 × 1-Bedroom, 1-Bathroom Units – Functional open-plan layouts with contemporary finishes.

1 × Studio Unit – Self-contained 1-bedroom, 1-bathroom apartment with open-plan kitchen and lounge.

1 × Bachelor Unit – 1 bedroom, ¾ bathroom, and kitchenette.

Additional Facilities:

11 Parking Bays – Including 2 visitor bays.

Store Room – Ideal for equipment or linen storage.

Bin Room – Dedicated waste management facility.

Salon Room – Convertible into an additional 1-bedroom unit for increased income potential.

Staff Quarters – Separate accommodation for on-site personnel.

Server Room with Toilet – Supporting property IT and management systems.

💰 Investment Highlights

Strong Income Stream: Generates an average monthly rental income of ±R350,000, supported by secured term contracts with corporate tenants.

Airbnb-Ready Asset: All units are fully furnished, air-conditioned, and compliant with short-term rental standards, ensuring consistent occupancy and premium returns.

Energy Efficiency & Security:

Solar geysers and backup power

24/7 access control and monitored CCTV

Electric fencing and secured perimeter

Low Maintenance Design: Built with durable finishes and efficient layouts to minimize upkeep and operational expenses.

Expansion Opportunity: The salon area can be converted into a 1-bedroom apartment, boosting rental yield and overall return.

📍 Location & Market Appeal

Positioned at 9 Boy De Goede Circle, Table View, this property enjoys direct access to Blouberg Beach, major transport routes, and local amenities.
The location is one of Cape Town’s most sought-after Airbnb and executive rental hubs, appealing to both corporate tenants and international visitors.

Nearby amenities include:

Blouberg beachfront, restaurants, and entertainment venues

MyCiTi public transport

Bayside Mall and business centers

Schools and essential services

Area Highlights:

High short-term rental demand year-round

Strong capital growth potential in Table View & Blouberg

Ideal for investors seeking turnkey returns and scalable income

📊 Summary
Feature Detail
Zoning GR3 (General Residential 3)
Units 12 Residential Units + Staff Quarters + Server Room
Occupancy Fully Let
Monthly Income ±R350,000
Energy Solar Geysers + Backup Power
Security Electric Fence, CCTV, Controlled Access
Parking 11 Bays (2 Visitor Bays)
Expansion Potential Convert Salon to 1-Bedroom Unit

Features

0
Zoning
Commercial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
654m²
Land Size
654m²
Extras 24 Hour Response; Security Complex; Secure Parking; Accommodation; Solar Geyser; Water Tank; Backup Battery/Inverter
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-33.832144, 18.5162289
Paul Labuschagne
Paul Labuschagne
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