Commercial Property for sale in De Waterkant, Cape Town

GB1 zoning in the heart of De Waterkant.

Most commercial buildings come to market with a leasing brief attached. This one comes with the income
already running. The property is offered for sale with the restaurant tenant in occupation, which means a
buyer inherits an established operator, a finished fit-out and a proven trading address rather than an empty
shell and a hunt for someone to fill it. Approved plans are on file, with Liquor Board-approved seating layouts
totalling 76 covers across three levels.

Behind the shuttered street frontage, every level earns its keep. The ground floor holds a 24 m² dining room
seating 14 under 3 m ceilings, warm and characterful with its original fireplace, bold protea wallpaper, copper
pendants and a coffee counter, opening onto a 30 m² street deck seating a further 10 behind 900 mm
plastered walls and street-level planters. An 11 m² commercial kitchen sits behind it, fitted with gas stove,
extractor hood and ducted flue, while a 34 m² tiled courtyard seating 8 brings light into the centre of the plan.
Upstairs, a 75 m² rooftop level seats 40 — part of it covered, with its own fireplace, timber privacy screens and
a bar leading out to lounge seating under the pergola. A 41 m² timber deck with steel balustrade tops the
building on the second floor, looking across the De Waterkant rooftops to the city.

The address is the other half of the case. De Waterkant is cobbled lanes, colour-washed facades and
constant foot traffic, a short walk from the V&A Waterfront, Cape Quarter and the CBD — a restaurant
precinct that trades strongly year-round rather than by season. Zoned GB1 (General Business 1) on a 178 m²
corner extent with dual frontage to Waterkant and Dixon Streets, the building gives an owner long-term
flexibility while an established operator carries it in the meantime. Viewing strictly by appointment.

• Dining room — 24 m², seats 14, 3 m ceilings
• Feature fireplace to dining room
• Street deck — 30 m², seats 10
• Internal courtyard — 34 m², seats 8
• Commercial kitchen — 11 m², gas stove
• Extractor hood with ducted flue
• Rooftop level — 75 m², seats 40
• Bar with fitted back-bar and second fireplace
• Second-floor timber deck — 41 m²
• Coffee counter, retail shelving, cloakrooms

Contact Leon & Keith for a private walk-through.