ONLINE AUCTION
Bidding Start Time: Wednesday 26 February 2025 @ 09:00
Bidding End Time: Thursday 27 February 2025 @ 14:30
Registration is essential by Monday 24 February 2025.
Pre-Auction Offers may be considered. Auction Finance Available.
For more information, please contact the listing agent.
DESCRIPTION:
Luxury 1-Bedroom Apartment for Sale in Cape Town City Centre.
Welcome to this ultra-modern executive apartment located on the 30th floor of the prestigious 16 on Bree Building, a landmark 36-story tower in the heart of Cape Town. Offering breathtaking views of the mountains, city skyline, and harbour, this property redefines sophisticated urban living while presenting an outstanding investment opportunity in Cape Town’s thriving rental and Airbnb market.
Property Features:
• 1
Bedroom, 1 Bathroom: The bedroom includes an en-suite bathroom, ample wall closets, and custom vanities, complemented by sleek wooden flooring for an elegant finish.
• Open-Plan living area & kitchen: Modern design with fitted soft-closing cabinetry, Caesar stone counter-tops, and integrated SMEG appliances, creating a seamless and luxurious cooking and dining experience.
• Expansive Sliding Windows: Allow natural light to flood the space while framing unmatched views of Table Mountain, Lion’s Head, Signal Hill, the City Bowl, and the iconic Bo-Kaap neighbourhood.
• Smart systems installed: Includes adjustable smart lighting and climate control systems to suit your comfort and mood.
• Open balcony: Perfect for soaking in panoramic city and mountain views.
• Secure underground parking: Includes one allocated parking bay.
Building Features:
• Outstanding amenities:
• A stunning 27th-floor pool and lifestyle café with a poolside bar, creating the perfect space to relax while enjoying spectacular mountain views.
• An outdoor gym for fitness enthusiasts, boasting a one-of-a-kind setting overlooking the city.
• 24-Hour Security: Professional building management ensures a safe and secure environment.
• High-Speed Fibre internet: Stay connected effortlessly.
• Turn Key: Apartment comes fully furnished and ready for use.
( R280k worth of quaility furniture and fittings )
Location Benefits:
Situated at the intersection of Cape Town’s City Centre, De Waterkant, and Foreshore, the location appeals to business professionals, tourists, and digital nomads alike. It’s within close proximity to renowned restaurants, shops, the Cape Town High Court, and the buzzing nightlife scene.
Investment Opportunity:
Currently generating annual rental income of approximately ±R400,000, this apartment is an excellent choice for Airbnb investors. With monthly levies of only ±R4,600, covering essential services including electricity, it offers a low-maintenance, high-return investment. Fully furnished and move-in ready, this property is more than just a home—it’s a lucrative asset in one of Cape Town’s most sought-after locations.
Key Highlights:
• Corner unit on the 30th floor.
• Open balcony with breathtaking city and mountain views.
• Prestigious lifestyle with pool, café, and gym facilities.
• Secure parking and 24-hour security.
• ±R280k worth of fittings and furniture.
Don’t Miss Out!
This stunning property combines luxury, convenience, and profitability in Cape Town’s thriving real estate market. Whether you’re looking for a lock-up-and-go residence or a high-yield investment, this apartment is an opportunity you won’t want to miss.
Contact us today to schedule a viewing and make this exceptional property yours.
DETAILS:
• Sectional scheme name: SS 16 On Bree
• Sectional scheme no: 152/2021
• Unit no: 3002
• Unit size: 71m²
PAYMENT TERMS:
2.5% Deposit & 10% Auctioneers fee (excl. VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.
REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.
DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.
The Claremart Group is a leader in commercial and residential properties. We attract huge crowds to our auctions and consistently match and exceed the mandated price on properties sold under our hammer.
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