FEATURED
SOLE MANDATE
Web Ref CL110
R23,000,000
125A De Waterkant Street
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Monthly Rates
R11,012
R11,012
De Waterkant Guest House
Guest House with Restaurant for Sale, De Waterkant, Cape Town
Located in the heart of Cape Town's historic De Waterkant, this well-maintained property offers an excellent investment opportunity comprising of a guest house with six self-contained studio apartments along with an established Italian restaurant.
Each apartment features air conditioning, as well as a kitchenette and several units include balconies with city views.
Floor breakdown:
Ground floor area: 120 m².
Consists of 2 studio apartments.
1st floor area: 90.5 m².
Osteria Tarantino Italian restaurant.
2nd floor & Mezzanine floor area: 136m².
The 2nd floor consists of 2 ±30 m² studio apartments.
The Mezzanine floors also consist of 2 ±30 m² studio apartments.
Total floor area: 346.5 m².
The second floor is currently tenanted by Osteria Tarantino, a well-established Italian restaurant with a lease in place until 31 March 2027, providing a stable rental income.
Ideally located opposite the Cape Quarter Lifestyle Village, the property offers convenient access to a variety of restaurants, shops, a spa, fitness center, and supermarket. The area benefits from 24-hour security patrols and is within walking distance of Cape Town's city centre, the V&A Waterfront, and the Cape Town International Convention Centre (CTICC).
Additional Information:
Plans and financials available on request.
No transfer fees apply.
This property represents a solid investment opportunity in one of Cape Town's most sought-after mixed-use precincts, ideal for continued hospitality operations or further development potential.
Located in the heart of Cape Town's historic De Waterkant, this well-maintained property offers an excellent investment opportunity comprising of a guest house with six self-contained studio apartments along with an established Italian restaurant.
Each apartment features air conditioning, as well as a kitchenette and several units include balconies with city views.
Floor breakdown:
Ground floor area: 120 m².
Consists of 2 studio apartments.
1st floor area: 90.5 m².
Osteria Tarantino Italian restaurant.
2nd floor & Mezzanine floor area: 136m².
The 2nd floor consists of 2 ±30 m² studio apartments.
The Mezzanine floors also consist of 2 ±30 m² studio apartments.
Total floor area: 346.5 m².
The second floor is currently tenanted by Osteria Tarantino, a well-established Italian restaurant with a lease in place until 31 March 2027, providing a stable rental income.
Ideally located opposite the Cape Quarter Lifestyle Village, the property offers convenient access to a variety of restaurants, shops, a spa, fitness center, and supermarket. The area benefits from 24-hour security patrols and is within walking distance of Cape Town's city centre, the V&A Waterfront, and the Cape Town International Convention Centre (CTICC).
Additional Information:
Plans and financials available on request.
No transfer fees apply.
This property represents a solid investment opportunity in one of Cape Town's most sought-after mixed-use precincts, ideal for continued hospitality operations or further development potential.
Features
Zoning
Commercial
Interior
Air Conditioning
Yes
Exterior
Security
Yes
Sizes
Floor Size
346m²
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