R 8 500 000

A rare dual-income investment opportunity on iconic Bree Street, at the very heart of Cape Town's CBD — one of the city's most vibrant lifestyle precincts. This masterfully converted industrial building comprises two fully self-contained, identically finished Brooklyn-style one-bedroom loft apartments, sold together as a single going concern with Zero Rated VAT benefits.

Originally one expansive floor plate, the building has been cleverly reconfigured into two self-contained lofts sharing a main entrance lobby, with a communal utilities room discreetly housing the geysers and washing machine. Each apartment includes a secure parking bay.

The interior aesthetic is unmistakably industrial-loft in character: soaring black-painted ceilings with intentionally exposed pipework, ducting, and bold red fire-suppression pipes; a dramatic exposed red-brick accent wall and chimney breast; a ceiling fan; and large double-glazed, black steel-framed gridded windows that flood the space with natural light while mitigating street noise. Through the windows, glimpses of Table Mountain confirm the elevated city-centre position. French doors open to a Juliet balcony, further connecting each loft to the energy of the street below.

The open-plan living and kitchen area is anchored by a fitted kitchen appointed with white shaker cabinetry, dark stone worktops, a stainless-steel fridge with water dispenser, a black extractor canopy, built-in oven, and open timber shelving suspended from ceiling-mounted brackets. A bold curved black island counter with wooden saddle-seat bar stools doubles as a casual dining spot. A curated gallery of framed Cape Town travel-art prints — Muizenberg, Lion's Head, Bo-Kaap, Sea Point — adds playful local character throughout the open-plan space.

Apartment 1 is currently operational as a short-term rental, generating strong income from day one — a true turnkey investment. Apartment 2 is owner-occupied but finished identically, offering equivalent short-term rental income potential once vacated. Combined, the two units offer a 154 m² loft lifestyle asset with proven short-term rental demand.

Nice Cafe at Church House is approximately 56 m away, the Waalburg Building supermarket is within 57 m, and the iconic Company's Garden park is roughly 140 m from the front door — placing residents at the beating heart of Cape Town city-centre culture and amenity.