PRICED TO SELL: ONE OF THE LARGEST 1 BED APARTMENTS IN CAPE TOWN (SUBJECT TO ADDED VAT) NO TRANSFER COST
THE OPPORTUNITY: SECURE INSTANT EQUITY
Capitalise on a unique market window to acquire a high performance asset at a significant discount. Whether you are looking for a high yield investment or a premium designer residence, Unit 6B offers unmatched value. While an identical 84m² loft in this development recently sold for R4,650,000, This unit is priced at R3,200 000 (PLUS VAT) to facilitate a swift transaction.
This represents an immediate equity capture of R970,000 compared to the most recent building benchmark.
COMPETITIVE BENCHMARK: UNIT 6B VS THE LANDING
When compared to recent developments on the same road, such as The Landing, the value proposition of Unit 6B is unmatched for both owners and investors:
Space Advantage: While R3.6M at The Landing typically secures a studio or small one bedroom unit, Unit 6B offers an expansive 84m² double volume loft, providing the breathing room and scale required for a primary residence.
Parking Advantage: This unit includes 2 secure parking bays. In new developments, additional parking is often a premium cost or limited to larger, more expensive units. For an owner occupier, this is a critical lifestyle convenience.
Immediate Earning Power or Occupation: Why wait for a construction completion date? Unit 6B is a seasoned performer with a verified income history, yet it remains in pristine condition for an owner looking to move in immediately.
THE ASSET: RARE DUAL PARKING LOFT
Spanning a generous 84m², this premium loft is a magnet for the high end Digital Nomad market and the discerning urban professional. Situated in a sought after CBD pocket unaffected by load shedding, it offers a lifestyle of seamless productivity and urban luxury.
Key Property Features:
84m² Double Volume Layout: Spacious light filled aesthetic with designer finishes and a sophisticated "New York Loft" feel.
2 Secure Parking Bays: An exceptionally rare feature in the CBD that significantly boosts both nightly rates and long term resale value.
Zero Load Shedding Zone: Continuous power for guests and residents—a top tier lifestyle and investment selling point.
Turnkey Condition: Available with a complete high end furniture package, making it ready for immediate occupation or continued short stay management.
VAT Inclusive Transaction: As the property is sold by a VAT vendor, there is No Transfer Duty payable—saving the buyer approximately R300,000 in traditional transaction costs.
FLEXIBLE OWNERSHIP STRATEGY
This asset adapts to your lifestyle or investment goals:
The Primary Residence: Enjoy 84m² of designer space in the heart of the Bree Street precinct, with the security of double parking and a building managed by a resident architect.
The Long Term Investment: Perfectly suited for a premium long term placement with an estimated rent of R28,000 per month.
The High Yield Airbnb: Benefit from a verified 5 star management history and 7.9% net passive yield.
THE PERFORMANCE: VERIFIED SHORT STAY YIELD
For the yield seeker, the short stay actuals are unparalleled. Based on the last 12 months of actual performance (April 2025 – March 2026):
Gross Annual Revenue: Over R500,000 (Peak season months consistently hitting R20k – R26k).
Net Passive Yield: 7.9% (Calculated after all management fees, cleaning, electricity, rates, and levies).
Self Managed Potential: 11.2% Net ROI for the owner operator.
INVESTOR & OWNER NOTES:
Asking Price (VAT Inclusive): R3,680,000
Asking Price (VAT Exclusive): R3,200,000
VAT Registered Buyers: Purchase at R3,680,000 and claim back the R480,000 VAT portion from SARS—effective capital outlay of only R3,200,000.
Recent Comparable Sale: R4,650,000.
"Units with this specific volume, dual parking infrastructure, and power security are exceptionally rare. Whether you are looking to live in the heart of the city or capture a high performance yield, this asset is priced for an immediate result."
Contact us today for the full Investment Prospectus and to arrange a private viewing.