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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
R 7 750 000
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.
Estimated monthly repayment
R 73 186
on a R 6 975 000 bond over 20 years at 11.25%
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Cape Town City Centre, Cape Town City Centre, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Priced highPriced 80% above comparable 2-bed apartments for sale in Cape Town City Centre
Based on 114 comparable listings
A market signal from comparable listings — not a formal valuation.
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