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R50,000,000

2 bedroom house for sale in Cape Town City Centre

2 Beds
6 Baths
2 Garages
1,250m²
Pool
Pets Allowed
Backup Power
Prime Mixed-use Building With Sensational Penthouse! Entire Building For Sale.

Located on Buitengracht Street in Cape Town, this five-storey building offers a unique investment opportunity with mixed-use zoning rights, buyers will have total flexibility. Winner of multiple awards for design and architecture. Featured in numerous publications including: Conde Naste, Architectural Digest, Tatler Homes and many more.

Residential Space – "The Skypad" 467sqm.

The upper floors are dedicated to residential living, crowned by the exclusive penthouse known as the Skypad. This double-storey penthouse spans 467 square meters and is celebrated as one of Cape Town's most exclusive addresses.

Designed with a contemporary aesthetic, the Skypad features expansive open spaces with raw concrete walls, exposed metal gantries, and strategically placed windows that maximise the 360-degree views of Table Mountain, and the cityscape.

With its harmonious blend of architecture, design and volume, the Skypad evokes the feeling of dwelling among the clouds, offering an experience that is both inspiring and unique.

Penthouse Features:

  • Two spacious bedrooms
  • Three modern bathrooms
  • Fully equipped kitchen with a separate scullery
  • Large study/home office
  • Open-plan dining room and lounges
  • Multiple entertainment areas
  • Outdoor living space
  • Storeroom
  • Private swimming pool
  • Total floor area: 467 square meters

Commercial Space - 438sqm total

The first and second floors encompass 438 square meters of prime commercial office space. Currently utilised as an office, art gallery, and design space. The space is versatile and can be configured to suit a variety of needs, from a single large office to multiple smaller units. As well as, retail. The building's location offers breath-taking views of Cape Town, including the vibrant Bo-Kaap and the iconic Table Mountain, making it an ideal setting for businesses seeking a prestigious address.

The property includes secure basement parking with direct access to the entrance and lobby. This includes:

  • 4 parking bays
  • A double garage (or workshop space)
  • Dedicated motorbike parking

The building features innovative elements, including a groundbreaking thermally activated system that regulates ambient temperature by circulating water through its core, ensuring optimal climate control year-round. Enhancing its eco-friendly design, the building is powered by a three-phase solar electrical system. Additionally, it offers lift access and reliable backup power for uninterrupted functionality.

Rates/section breakdown:

Section 1 (34sqm) - Retail - R3400

Section 2 (11sqm) - Store - R10

Section 3 (5sqm) - Store - R30

Section 4 (201sqm) - Office - R3400

Section 5 (201sqm) - Office - R3400

Section 6 (467sqm) - Penthouse - R7450

Total - R17,690

This property is a rare find, offering both luxurious residential living and prime commercial opportunities in one of Cape Town’s most sought-after locations. With its stunning views, flexible zoning rights, and impeccable design, it is an exceptional investment for discerning buyers.

Property Type
House
Bedrooms
2
Bathrooms
6
Building Size
1,250m²
Living Area
3
Study
1
Garages
2
Covered Parking
4
Rates & Taxes
R17,690
Levy
R37,000
Pool
Yes
Pets Allowed
Yes
Solar Panels
Yes
Municipal Water
Yes
Fibre Internet
Yes
Covered Parking
Yes
Reference
2346961
Grade
C2
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R570,784
Home loan repayment
R516,094
Rates and taxes
R17,690
Levy
R37,000
Utilities
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R0
Property history
Listed for sale at R50,000,000
13 Jan 2025
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