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Apartment for sale
Live on Bree Street amid cafes, galleries and nightlife; two Brooklyn-style one-bedroom lofts with mountain views, turnkey short-term income and two secure parking bays.
No Transfer Duty / VAT Inclusive / Zero Rated
This cleverly reconfigured industrial space has been refurbished and converted into two stylish one-bedroom loft apartments, set within a character building on Bree Street, right in the heart of Cape Town’s lifestyle hub.
Originally one large unit, the space now offers a shared main entrance that separates into two well-designed, Brooklyn-style loft apartments. A communal utilities room houses the geysers and washing machine, keeping service areas neatly out of the living spaces.
Apartment 1
One-bedroom loft with striking mountain views and a strong industrial aesthetic. The unit is double-glazed to mitigate street noise, includes secure parking, and currently generates excellent short-term rental income. Sold fully operational as a turnkey investment.
Apartment 2
One-bedroom loft, currently owner-occupied and therefore not producing income at present, but configured and finished to match Apartment 1. This unit also includes secure parking and offers the same income-generating potential. No pictures, but viewing is possible
In essence, this is one large space successfully converted into two separate, income-producing units, both with parking and shared utility facilities. The property must be purchased as a going concern, offering Zero Rated VAT benefits.
An ideal opportunity for investors looking to start or expand a short-term rental portfolio in the Cape Town CBD, in a location with consistently strong demand.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
Listed for sale at R7,750,000
How this home compares with 47 active listings in Cape Town City Centre.
Insight
Priced 94% above the local median — and above the typical range for Cape Town City Centre.
The premium partly reflects the larger floor size; buyers should still compare condition, position, views and finishes before deciding.
Similar properties pricing
Key differences
Premium priced · based on 45 listings
Large at a premium · based on 45 listings
Market depth
47 listings
Similar homes in Cape Town City Centre
171 days
Median time on market
Many similar homes
Active in Cape Town City Centre
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Cape Town City Centre offers a vibrant, fast-paced urban lifestyle characterized by its historic architecture, proximity to world-class business hubs, and a dynamic culinary scene nestled at the foot of Table Mountain.
* Distances and amenities are approximate.
