NEW
SOLE MANDATE
Web Ref RL5226
R23,000,000
Monthly Bond Repayment R229,627.37
Calculated over 20 years at 10.5% with no deposit.
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Monthly Levy
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 restaurant, situated on 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 restaurant, situated on 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
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchen
6
Reception Rooms
10
Furnished
No
Exterior
Security
Yes
Flatlet
5
Pool
No
Scenery/Views
Yes
Sizes
Floor Size
346.50m²
STREET MAP
STREET VIEW
