Brand-new property in rich CPT heritage area

Exclusive Sole Mandate. If you're searching for a new place to invest, live, and thrive, consider a brand-new studio flat located on top of one of the oldest historic buildings in the city. The Barracks boast a prime location at the corner of Bree and Strand Street in Cape Town, making it vivacious and ideal for various purposes.

Furthermore, The Barracks offers investors comprehensive rental management packages for short-term letting, expertly handled by an appointed operator, TPF Hospitality. Their top-notch services include marketing the units, facilitating check-ins and check-outs, providing laundry and housekeeping solutions, as well as handling interior decorating needs.

Moreover, the building shares its electricity line with Parliament, resulting in a remarkable advantage as it has never experienced loadshedding.

Adding to its allure, The Barracks has low levies and boasts ultra-luxurious finishes, making it an enticing prospect for potential buyers. The projected return on investment (ROI) is also exceptionally high, thanks to the combination of extraordinary cash flow and superior capital appreciation stemming from this blue-chip investment-grade location on the celebrated Bree Street and Waterfront fan walk.

With the building's completion scheduled for October 2023, it will be perfectly timed for the upcoming season. Notably, all 65 units have been previously sold out, underlining the high demand. To secure your opportunity and schedule a viewing as soon as possible, please get in touch without delay.