Commercial Building for sale in Cape Town Central

Where Historic Character Meets Contemporary Living and Commercial Opportunity.

Positioned on the fringe of Cape Town's vibrant city centre, bordering the sought-after De Waterkant neighbourhood, 54 Waterkant Street presents a truly distinctive opportunity to own a piece of the city's architectural heritage while unlocking an exciting world of commercial and residential possibilities.

Spanning approximately 250m² over three levels, this characterful heritage building offers a compelling blend of commercial investment, contemporary living and exceptional versatility. Whether you're an astute investor, an entrepreneur with vision or someone looking for a unique live-and-work opportunity, this property offers something rather special.

The ground floor comprises an established retail premises, currently tenanted and generating rental income. Its central location provides an attractive platform for an investor or an entrepreneur looking to establish a business presence in one of Cape Town's most sought-after urban settings.

Occupying the upper two floors is a distinctive three-bedroom apartment, offering contemporary living within the charm and character of a historic Cape Town building.

The combination of commercial space below and residential accommodation above opens the door to an exciting boutique hospitality concept. Imagine transforming the three-bedroom apartment into stylish, high-end short-term accommodation, complemented by an inviting artisan coffee shop or upmarket café on the ground floor, creating a seamless experience for guests and visitors alike. With its character, location and distinctive mixed-use configuration, the property offers an opportunity to create something truly special, while also lending itself to a variety of alternative residential and commercial possibilities, subject to the necessary approvals.

Adding to its practical appeal is the availability of adjacent alleyway parking for three vehicles, currently arranged through a separate rental agreement with the City of Cape Town. Any continuation or new arrangement would need to be independently negotiated by the purchaser.

Buildings that successfully combine historic character, commercial potential and residential accommodation in such a central location are increasingly hard to find.

Whether you envision an exciting hospitality concept, a distinctive urban residence, an income-generating investment or a combination of all three, 54 Waterkant Street offers the opportunity to make your mark in one of Cape Town's most dynamic and historically rich neighbourhoods.

More than a property, this is an opportunity to be part of Cape Town's story while creating something of your own.