Sale
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 4 050 000
Price per m² R 88 043
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 4,1M
Taxes + legal + admin fees R 290,8K

Rough split: 93.3% purchase price, 6.7% buying costs.

  • Asking price R 4 050 000
  • Transfer duty (est.) R 222 856
  • Deeds Office (transfer) R 3 519
  • Conveyancing (est., incl. VAT) R 64 355
  • Deeds lodgement R 52
  • Total indicative R 4 340 782

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 38 245 /month

Total paid over 20 years (deposit + repayments): R 9 583 892

Deposit 10% · R 405 000
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 3 645 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.