R 560 000

Invest in the heart of Wynberg with this compact open-plan studio apartment situated on the 2nd floor of the well-known Grand Central building — a prominent multi-storey residential complex with ground-floor retail shops and 24-hour guarded security, fronting one of Wynberg's main thoroughfares.

Spanning approximately 45 m², the open-plan layout combines the sleeping area, lounge, and kitchenette into one practical living space. The galley-style kitchen is equipped with a black freestanding gas stove/oven with four burners, a microwave, cream wall-mounted upper cupboards, and a Hisense fridge-freezer with a built-in water dispenser. Wood-effect laminate flooring runs throughout the main living area, transitioning to tiled flooring in the kitchen alcove. The lounge end features a large flat-screen TV mounted on a marble-effect feature wall with a timber slat accent panel, alongside a dining table and chairs.

The building offers biometric access control, lifts that remain operational during load shedding, and one secure parking bay included with the unit. Upper-floor units enjoy views of Table Mountain.

Currently tenanted, this unit presents an attractive entry-level investment with strong rental demand. Solo Wynberg shopping mall is virtually on the doorstep (±11 m), Maynardville Park is ±210 m away, and Dis-Chem Pharmacy is ±245 m away — all within easy walking distance. Wynberg Centre (±355 m) and Coltech College Afrisa (±494 m) further underpin consistent tenant demand from both working professionals and students.

Ideal for first-time investors or portfolio buyers seeking stable rental income in a high-demand Cape Town suburb.