R 29 500 000
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815 m² Commercial space in Bo-Kaap

815 m²

Once-in-a-Lifetime Investment Opportunity in Bo-Kaap [removed] Prime Location with Unlimited Potential!

Rare Investment Opportunity in the Heart of Bo-Kaap

This is a once-in-a-lifetime opportunity to own a prime commercial property in one of Cape Towns most sought-after tourist destinations. Spanning 815m across three ervenall under a single title deedthis property is a true rarity, offering both immediate income generation and incredible redevelopment potential.

A Versatile & High-Value Asset

Currently home to the renowned Biesmiellah Restaurant, this space is steeped in culture and charm, attracting both locals and international visitors. The ground floor boasts a fully equipped restaurant, complete with a professional kitchen, cold storage, and indoor/outdoor seating for up to 100 guests.

Above the restaurant, three apartments with private balconies provide an excellent opportunity for short-term rentals or long-term leasing, capitalizing on the areas high demand for accommodation.

Unmatched Redevelopment Potential

Unlike many properties in Bo-Kaap, this site is not designated as a heritage building, giving you the flexibility to reimagine and transform the space into a high-end mixed-use development, luxury apartments, or a boutique hospitality venue.

A Prime Location That Sells Itself

Set on a high-foot-traffic main road, the property enjoys constant exposure from tourists exploring the vibrant streets of Bo-Kaap. Surrounded by museums, galleries, cafés, and historical landmarks, it is a prime destination that guarantees year-round demand. The breathtaking Table Mountain and CBD views further enhance its long-term value.

Act Fast Opportunities Like This Dont Last!

With the rare combination of location, income potential, and redevelopment freedom, this is an investment that will not stay on the market for long. Dont miss your chance to secure a high-yield, high-growth asset in one of Cape Towns most iconic districts.

Property details

  • Listing number T5017289
  • Property type Commercial
  • Listing date 25 Mar 2025
  • Floor size 815 m²

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