ELEVEN ON B

Apartment Investment Property Second home Penthouse

Property ID: elevenonb-cape-town

192 Loop Street, Cape Town, Western Cape, South Africa

192 Loop Street
ELEVEN ON B
From € 110.000 (excl. costs)

Property Details

  • Rooms

    Bedrooms

    1 - 3

  • Bathrooms

    Bathrooms

    1 - 2

  • Size

    Size

    28 - 295 m²

  • Land Area

    Land Area

    25-387 m2

About

ELEVEN ON B

ELEVENONB – Open to the City. Open to You.

A new urban landmark in Cape Town’s West City

ELEVENONB is a next-generation urban development that blends living, working, lifestyle and investment potential in the heart of Cape Town’s West City. Rising 16 storeys high on the corner of Buiten Street and Loop Street, this project forms a new gateway to one of South Africa’s most vibrant and fastest-growing districts.

West City is a dynamic blend of culture, gastronomy, creativity, urban living and international appeal. The district borders iconic neighbourhoods such as Bo-Kaap, Tamboerskloof, Gardens, and the City Bowl, making it one of the most desirable areas for expats, entrepreneurs, young professionals and global investors.

ELEVENONB embodies this energy. It represents an open way of living: open to connection, open to growth, open to the city.

An architectural statement that connects the neighbourhood

ELEVENONB is designed as a lively urban meeting point that brings the precinct to life. The restored heritage façade, the new public arcade connecting Bree and Loop Street, and the elevated architectural design strengthen the identity of West City.

The architecture features:

  • Refined arched façade structures
  • Two-tone concrete with steel balconies
  • White breeze-block details connecting inside and outside
  • A public arcade with cafés, wine bars and dining
  • Light play on clean lines that shifts throughout the day

This is urban living with character—designed for people who want to live in an international city known for lifestyle, quality and vibrancy.

151 apartments for every lifestyle

ELEVENONB offers an extensive mix of unit types suited for residents and investors looking for premium city living in Cape Town.

Available unit types

  • Studios
  • One-Bedroom Apartments
  • Two-Bedroom Apartments
  • Three-Bedroom Apartments
  • Penthouses

Optional parking: R450,000 (limited allocation).

All units offer:

  • Large windows with panoramic city or mountain views
  • High-spec, space-saving joinery
  • Air conditioning in every unit
  • Contemporary finishes and smart layouts

Many apartments overlook Table Mountain, Lion’s Head, Signal Hill or the sparkling Cape Town skyline.

Amenities for modern urban living

ELEVENONB combines high-end living with a range of facilities designed for an international urban lifestyle.

  • Concierge & Building Manager (Fluent)
  • 24/7 security
  • Co-working spaces
  • Back-up power for all shared spaces
  • Private gym
  • Laundry facilities
  • Ground-floor café and boutique arcade
  • Pet-friendly living

This is world-class city living in Cape Town, with comfort and convenience at your doorstep.

A compelling investment opportunity in a world-class city

Cape Town is often compared to cities like Barcelona, Sydney, London, and New York, yet offers a significantly lower entry point for prime urban property.

Off-plan price comparison per m²

  • New York: ± R450,000/m²
  • London: R350,000 – R420,000/m²
  • Sydney: R280,000 – R350,000/m²
  • Paris: R200,000 – R250,000/m²
  • Barcelona: R100,000 – R130,000/m²
  • Cape Town: R30,000 – R120,000/m²

This makes ELEVENONB a highly attractive opportunity for global investors seeking growth and returns.

Strong projected yields

The combination of net rental income and capital appreciation of 5–8% per year results in a total projected return of 12–16% annually.

Example yields

  • Studio: up to 8.8% net yield
  • One-Bedroom: up to 7% net yield
  • Two-Bedroom: up to 8% net yield

All figures are based on current market prices, PriceLabs data and realistic occupancy rates.

Tax advantages: UDZ & 13SEX

ELEVENONB is located in a zone with significant tax incentives for property investors.

UDZ (Urban Development Zone)

  • Up to 55% tax deduction on the purchase price
  • Spread over 11 years
  • Officially extended to 2030

13SEX Tax Benefit

  • Up to 55% tax deduction over 20 years
  • Applicable when purchasing five or more new units

These incentives make ELEVENONB a remarkably tax-efficient investment in South Africa.

Note: This is not tax advice; investors should consult a licensed professional.

Developed by Blok – 10 years of urban development expertise

Blok is a leading Cape Town developer with over 1,000 completed homes and 20 successful projects. They focus on thoughtful, sustainable urban precinct development that enhances the quality of life in each neighbourhood.

ELEVENONB is their 21st and most ambitious project yet—shaping the future of Cape Town’s West City.

ELEVENONB – Open to the City. Open to Possibility.

Live in a world-class city, invest in a high-growth market, and enjoy an elevated urban lifestyle. ELEVENONB offers a rare opportunity for buyers and investors who value design, returns, and vibrant city living.

Interested in the full investment pack, pricing sheets or current availability?
Leave your details and we’ll send you everything you need.

ELEVEN ON B

ELEVEN ON B

ELEVENONB redefines luxury living in Cape Town’s West City. Studio to penthouse apartments with premium amenities, professional management, and strong rental returns.

PHOTOS

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