Overview

  • Residential
  • Property Type
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 3
  • Parking Bay
  • 292

Description

Exclusive Sole Mandate: Entire Building for Sale in Sea Point, Cape Town

Discover an unparalleled investment opportunity in the heart of Sea Point with this three-story building boasting three distinct units—a pair of one and two-bedroom apartments alongside a sprawling three-bedroom penthouse. Featuring a double garage and a lush garden, this property promises both luxury and practicality.

Ideal for investors seeking to capitalize on Cape Town’s thriving short-term and Airbnb rental market, this offering stands out for its strategic location, thoughtful design, and promising financial prospects.

Benefiting from GR4 zoning, each unit within this meticulously crafted building offers a seamless blend of convenience and versatility. Situated within walking distance of the beach and the famed Sea Point Promenade, residents enjoy easy access to a plethora of amenities, including grocery stores, delis, restaurants, and bars—all within a 1km radius.

With one apartment per floor, residents relish in the privacy and independence afforded by this layout, complemented by open balconies and exclusive use areas that enhance the living experience. Notably, the two larger units boast mesmerizing ocean views, soaring ceilings, and an abundance of natural light, creating an inviting atmosphere throughout.

Further adding to the appeal, the property features a spacious, sun-drenched back courtyard shared by the two apartments, offering an additional retreat for relaxation and leisure.

For savvy investors, the potential return on investment is substantial, with detailed short-term rental projection reports available upon request.

In summary, this building presents a rare opportunity to acquire a thoughtfully designed and immensely profitable asset in one of Cape Town’s most sought-after and dynamic neighborhoods.

Please note that transfer duty is applicable for the sale of this property.

Contact us today to arrange a viewing and seize this extraordinary investment opportunity.

Address

  • City Cape Town
  • State/county Western Cape
  • Area Sea Point
  • Country South Africa

Details

  • Price: R11,495,000
  • Property Size: 292
  • Bedrooms: 6
  • Bathrooms: 5
  • Property Type: Residential
  • Property Status: For Sale
  • Parking Bay: 3

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Lovis & Michelle
  • Lovis & Michelle