BUY, REFURBISH & REPOSITION | EXCEPTIONAL VALUE-ADD OPPORTUNITY
A rare opportunity for an investor or developer to acquire a substantial three-storey property with exceptional views, existing rental income and significant potential to add value through refurbishment and repositioning.
Set on approximately 395m² of land, the property offers three levels of accommodation, eight bedrooms, generous communal areas and a self-contained penthouse. Its elevated position delivers uninterrupted panoramic views across Cape Town, the city skyline, harbour and Table Mountain.
While currently generating income through room rentals, the property presents a compelling renovator’s opportunity. With investment, creative vision and a comprehensive refurbishment, the existing accommodation could be transformed into a substantially more valuable and desirable asset.
A Value-Add Investment
The property's flexible configuration and multiple entrances allow for a variety of future uses, including:
• Reconfigured self-contained apartments
• Premium long- or short-term rental accommodation
• A luxury guest house or boutique hotel
• A combination of residential and income-producing accommodation
• A substantial high-end family residence
The opportunity is to acquire the property in its current state, undertake a strategic refurbishment and reposition it for a significantly enhanced income stream and long-term capital value.
GR4 Zoning | Hospitality Potential
The GR4 zoning adds another significant layer of potential, allowing for the possibility of guest house or boutique hotel use, subject to the necessary approvals.
Architectural plans have already been prepared for a proposed nine-bedroom luxury boutique hotel, giving a purchaser a valuable starting point should they wish to pursue a hospitality redevelopment.
The Opportunity
This is not simply a property purchase — it is an opportunity to unlock value.
Whether transformed into a sophisticated boutique hotel, premium rental asset or exceptional private residence, the upside lies in what can be created.
Buy well. Refurbish intelligently. Reposition strategically. Unlock the value.
A rare Cape Town opportunity for the astute investor, developer or visionary buyer looking for a property where significant potential can be realised through the right investment and vision.
Features
Bo Kaap, Cape Town
- Street map
- Street view
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the The Agency Property Group website is accurate and up to date, The Agency Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
