2
Beds
2
Baths
79 m²
Floor area
About this property
Discover one of Bree Street's most exclusive investment opportunities — a top-floor, two-bedroom, two-bathroom apartment in The Barracks, a contemporary boutique development set above one of Cape Town's most storied historic landmarks at the corner of Bree and Strand Streets.
Spanning 79 m², the apartment is finished to a high modern standard, featuring warm engineered-wood flooring throughout the open-plan living and dining areas, recessed lighting, crisp white walls, and sliding glass doors that open onto two west-facing private balconies. From the upper balcony, unobstructed views of Table Mountain and the CBD skyline frame every sunrise and sundowner.
The north-facing main bedroom is bright and airy, with a green upholstered headboard, built-in cupboards, and a tiled en-suite bathroom. The second bedroom enjoys its own private balcony with Table Mountain views and a generous shower bathroom. The open-plan lounge and dining area is intelligently proportioned for both entertaining and everyday living, with a compact dining table, a grey corner sofa, and direct balcony access.
Building amenities include a rooftop yoga studio and an on-site coffee shop — both available for private hire — as well as a continuous power supply (load-shedding-free). A secure parking bay is available separately (purchase or rental at R 1 000/month).
Bree Street is the heartbeat of Cape Town's dining, gallery, and boutique scene. The Company's Garden is approximately 140 m away, and Nice Café at Church House is roughly 56 m from the front door — daily conveniences are within easy reach. Currently operating as a high-performing Airbnb, the apartment offers proven rental returns and strong occupancy for the discerning investor.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 92.0% purchase price, 8.0% buying costs.
- Asking price R 5 900 000
- Transfer duty (est.) R 426 356
- Deeds Office (transfer) R 5 127
- Conveyancing (est., incl. VAT) R 81 666
- Deeds lodgement R 52
- Total indicative R 6 413 201
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
Total paid over 20 years (deposit + repayments): R 13 961 719
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 5 310 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.