69ce43662090fd5ed22cabff
South Africa

2

Beds

2

Baths

2

Parking

78 m²

Floor area

Apartment 2 beds 2 baths 78 m²

About this property

This well-appointed two-bedroom, two-bathroom apartment is offered on a sole and exclusive mandate in the ever-popular 16 on Bree, with the purchase price being VAT inclusive, making it particularly attractive to qualifying buyers and investors.

The apartment comprises two spacious bedrooms, both en-suite, and an open-plan living and dining area complemented by a modern, fully fitted kitchen. Clean lines, quality finishes, and a functional layout make this an ideal lock-up-and-go residence, equally suited to owner-occupation, long-term, or short-term letting.

16 on Bree is a proven favourite among Airbnb guests and investors, known for its consistent short-term rental demand and strong Airbnb returns. Residents enjoy premium amenities including a rooftop pool and bar, outdoor gym, concierge services, and 24-hour security. The building is pet friendly on approval and perfectly positioned within walking distance of Cape Town's top restaurants, offices, and transport routes. It also does not get affected by load-shedding.

An excellent opportunity to secure a VAT-inclusive purchase in a landmark development with a proven investment track record.

Please note: viewings can only occur from the second week in January 2026.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Dining Room
Garage × 2

Features & amenities

Rooftop poolBarOutdoor gymConcierge24 hour securityPet friendlyLoad shedding freeVAT inclusive

Price & ownership

Asking price R 6 900 000
Price per m² R 88 462
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 6,9M
Taxes + legal + admin fees R 630K

Rough split: 91.6% purchase price, 8.4% buying costs.

  • Asking price R 6 900 000
  • Transfer duty (est.) R 536 356
  • Deeds Office (transfer) R 5 996
  • Conveyancing (est., incl. VAT) R 87 600
  • Deeds lodgement R 52
  • Total indicative R 7 530 004

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 65 159 /month

Total paid over 20 years (deposit + repayments): R 16 328 112

Deposit 10% · R 690 000
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 6 210 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.