Under Offer
R 23 000 000
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346 m² Commercial space in De Waterkant

346 m²

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 five self-contained studio apartments, a loft apartment, plus laundry and Restaurant area.

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.

Property details

  • Listing number T5310062
  • Property type Commercial
  • Listing date 19 Nov 2025
  • Floor size 346 m²
  • Rates and taxes R 11 012

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