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
Too few homes for a price verdict
Only 7 similar homes are listed in Cape Town City Centre right now — too small a sample to fairly benchmark this asking price against.
How does this home’s price compare with similar properties?
Price comparison based on 7 similar-sized 2-bed homes.
Market depth
7 listings
Similar homes in Cape Town City Centre
Low inventory
Active in Cape Town City Centre
MyProperty 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 historic architecture, world-class dining, and proximity to iconic landmarks like Table Mountain.