3 bedroom penthouse for sale in Cape Town

Penthouses, elevated positions 32nd floor and up- new development.

No transfer duties. Purchase price is inclusive of VAT - exclusive penthouses on the 32nd, 34th and 36th floor. 16 on Bree is an exciting new residential and retail development estimated to be completed in December 2020 and situated in the heart of Cape Town’s CBD. The development is located on the trend-setting Bree Street between Prestwich and Mechau Streets. At street level, the development will comprise retail and coffee shops with 371 apartments above ranging from trendy studio, 1 and 2 bedroom apartments to luxurious penthouses. A swimming pool and recreation facilities as well as an outdoor gym will be situated on the 27th level.

Features that will be on offer include:

* Smeg appliances throughout

* formal meeting rooms that allow for hot desking

* Electric vehicle charging facilities

* Secure bicycle storage and cleaning facilities

* High speed fibre optic connectivity

* Vehicle parking valet service

* Exclusive rooftop bar

This development is located in the Urban Development Zone and qualifies for accelerated depreciation benefits. (*Please note that the UDZ tax incentive contains a number of requirements which must be met in order to claim the tax allowance.)

We have a 3 penthouses available:

Ranging in size from 106sqm to 220sqm and asking price from R8 950 000.00 to R32 000 000.00

The development is in close proximity to all public transport, such as MyCiTi Buses and the Cape Town Train Station.


1 The developer reserves the right to vary layouts if required.

2 The furniture layout is indicative and all loose furniture as well appliances are excluded from the sales agreement; ONLY hob, extractor and oven will be supplied by the developer.

3 Unit plan relates to scale bar, scale bar only indicative.

Property Type
Building Size
Living Area
Parking Bay
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penthouse listed on 08 Jun 2020