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.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R7,750,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 47 listings in Cape Town City Centre
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 29% above the median. Floor size is 51% larger than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 76,077 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
47 similar listings
High similar-home inventory in Cape Town City Centre
Median time on market: 160 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
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Cape Town City Centre offers a vibrant urban lifestyle with convenient access to cultural attractions, diverse dining, and business opportunities, making it ideal for young professionals and those seeking a dynamic city experience.
* Distances and amenities are approximate.