Property
South Africa

1

Beds

1

Baths

46 m²

Floor area

Apartment 1 bed 1 bath 46 m²

About this property

Positioned on the 15th floor of the iconic 16 On Bree tower in Cape Town's City Centre, this sleek 1-bedroom, 1-bathroom apartment offers 46 m² of refined contemporary living with dramatic Table Mountain and city skyline views.

The open-plan lounge, dining and kitchen flow seamlessly together, finished to a high specification with handleless white cabinetry, under-counter stainless-steel oven, ceramic hob, canopy extractor fan and integrated sink. Floor-to-ceiling sliding glass doors flood the interior with natural light and open directly onto a private balcony — furnished with a teal velvet accent chair and wire-base side table — framing striking views of the adjacent blue-glass commercial tower and Table Mountain rising above the city rooftops.

The apartment is fully furnished and turnkey, making it immediately short-term rental ready. An established Airbnb profile reportedly generates approximately R425 000 per annum in rental income — an attractive proposition for investors seeking a high-yielding Cape Town CBD asset.

Residents enjoy access to a stunning communal rooftop deck featuring a dark-tiled lap pool, warm composite timber decking, glass balustrades, sun loungers and a pergola-shaded seating and dining area, with sweeping panoramas across the City Bowl and glimpses towards the Atlantic Ocean.

Convenience is unmatched: Nice Café at Church House is a mere 56 m away, a supermarket at the Waalburg Building is 57 m down the road, and the beloved Company's Garden park is roughly 140 m from your door. The Dorp city bus stop, approximately 110 m away, connects you effortlessly to the broader Cape Town metro.

Rooms & layout

Bedroom 1
Bathroom
Open-plan lounge / dining
Kitchen
Balcony

Features & amenities

High riseFurnishedAirbnbInvestment propertyCity centreViewsPoolRooftopCity viewsOpen plan

Price & ownership

Asking price R 4 450 000
Price per m² R 96 739
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 4,5M
Taxes + legal + admin fees R 340,2K

Rough split: 92.9% purchase price, 7.1% buying costs.

  • Asking price R 4 450 000
  • Transfer duty (est.) R 266 856
  • Deeds Office (transfer) R 3 867
  • Conveyancing (est., incl. VAT) R 69 395
  • Deeds lodgement R 52
  • Total indicative R 4 790 170

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 42 023 /month

Total paid over 20 years (deposit + repayments): R 10 530 449

Deposit 10% · R 445 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 4 005 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 4 450 000