{"id":476114,"date":"2021-03-16T12:09:33","date_gmt":"2021-03-16T10:09:33","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=476114"},"modified":"2021-03-16T12:09:33","modified_gmt":"2021-03-16T10:09:33","slug":"someone-just-snapped-up-this-26-square-metre-micro-apartment-in-cape-town-from-a-daily-deals-site","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/476114\/someone-just-snapped-up-this-26-square-metre-micro-apartment-in-cape-town-from-a-daily-deals-site\/","title":{"rendered":"Someone just snapped up this 26 square metre micro-apartment in Cape Town – from a daily deals site"},"content":{"rendered":"

Daily deals website OneDayOnly<\/a> <\/strong>listed an exclusive luxury micro-apartment in Cape Town for R800,000 – and it sold just hours after going live.<\/p>\n

The apartment is part of The Tokyo – a 148 unit residential development by Rawson Developers in the Cape Town City Centre, and has a ‘regular’ asking price R950,000.<\/p>\n

“Located on the corner of Longmarket and Loop Street, the development seamlessly combines old and new to produce an upmarket product for property investors, frequent visitors, and residents alike.<\/p>\n

“Within walking distance lie countless bars, restaurants, and a myriad of boutique retail destinations. It further boasts central access to hotspots like the CBD, Cape Town International Convention Centre, V&A Waterfront, and Table Mountain,” Rawson said.<\/p>\n

The anticipated completion date of the unit is May 2023, based on construction commencing on 1 September 2021. This is subject to change, the developers note.<\/p>\n

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The Tokyo apartments are sold without parking. “This is because a high percentage of tenants these days living in our developments do not require parking and as such we have excluded parking from the building and the price,” it noted.<\/p>\n

“The building is centrally situated so many occupants will use Uber and similar services to be able to get to wherever they need to go at affordable rates.<\/p>\n

“We have however provided a number of solutions for interested buyers and future tenants including the neighbouring building that has bays for sale and to rent.”<\/p>\n

Some of the key features of the micro-apartments include:<\/p>\n