R 23 950 000
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5 Bedroom House in Green Point

5 4 2 471 m²

The Greenpoint Sky-Villa: Architectural Icon with 3-Unit Development Potential

The Greenpoint Sky-Villa: Architectural Icon with 3-Unit Development Potential

A Bertie Schreuder Masterpiece | Structural Engineering for 3rd Level | Transferable Forward Bookings

The Ultimate Investment Play: From Luxury Villa to Triple-Unit Powerhouse

Perched on the prime slopes of Signal Hill, this property is currently a high-performing hybrid home, offering the owner the option of living in one level and letting the other, or combining the two levels into one large family home, perfect for multi-generational living, with 471sqm under roof

Its true value lies in its future as a high-performing lifestyle asset... Architecturally designed by Bertie Schreuder, this villa offers a turnkey path to unlock its full potential by configuring the property into 3 separate income-generating units or a 3-unit boutique estate, sleeping 14 guests a rare and highly lucrative offering on the Atlantic Seaboard

The Vision - Three Luxury Residences in One

The property is primed for a seamless conversion into three distinct, high-income streams

The Pool Deck Apartment - The Income Engine

A fully self-contained 2-bedroom en-suite apartment on the lower level, with its own separate entrance, delivers outstanding rental performance and guest satisfaction.

Proven returns, achieving up to 3 the area average R5,000 R13,000 per night in peak season

Granite kitchen, private lounge, secluded terrace with exclusive plunge pool for guests

The added-value Kickstart - all confirmed forward bookings included in the sale

The Middle Villa - an Entertainers Dream

The current 3-bedroom main residence with expansive 270-degree Atlantic Ocean views and designer modular kitchen

Expansive glass and ceiling-height doors open effortlessly onto a sheltered terrace with a custom laser-cut awning

Sweeping 270 panoramas of the Atlantic Ocean, Cape Town Harbour, and Greenpoint Urban Park

3 spacious bedrooms, 2 designer bathrooms

Sleek, modular chefs kitchen ideal for hosting and everyday luxury

The New Sky Roof Penthouse Proposed

Spanning 220m2 of lush greenery, the rooftop is currently a private sanctuary above the city, with Tiki bar, built-in braai, and jacuzzi and offering unmatched sunset views across the Atlantic Seaboard

Future Potential ideal for a master suite or glass-walled entertainment pavilion

Structurally engineered to support an additional level, saving hundreds of thousands in foundational costs, the existing 220m2 Sky Roof offers the ideal opportunity to build a master-level suite, with 2 bedrooms and a private glass-rimmed pool

This configuration positions the property at the very top of the Short-Term Rental STR market, catering to large international groups or three separate high-end bookings simultaneously.

Scalable income and increased nightly yield through diversified occupancy streams

Flexible use and High Demand appeal - Live in one, rent two, or operate all three for maximum STR returns

Ideal for group bookings, corporate stays, and luxury travel segments

Tech-Forward and Sustainable Energy Security

LUX power hybrid inverters with 5kVA Lithium-Ion batteries and 2x new solar geysers 65 electricity savings

Smart Integration - Full home automation via Alexa, Google Home, and Apple Home

Security - Comprehensive CCTV and electric fencing and a secure double garage with additional storage

Strategic Location

Situated in Upper Greenpoint, the property sits adjacent to the V&A Waterfronts R20 billion 1.1 billion upgrade, ensuring massive capital appreciation over the next decade

Walking distance to Cape Town Stadium and the vibrant cafe strip, Sea Point Promenade, top schools and the citys finest dining

Direct access to Signal Hill and Lions Head hiking trails

Investment Snapshot

Total Bedrooms 5 3 Main Residence 2 Apartment

Guest Capacity Up to 10

Expanded Capacity Up to 14 guests with 3-unit configuration

Peak Rental RatesUp to R13,000 per night

Projected Yield Market-leading

Discover why this is the most versatile investment opportunity on the Atlantic Seaboard

Private viewings by appointment only

Note for Fellow Agents - The owner has specifically requested no direct contact for listing purposes

You are welcome to contact me to introduce your qualified clients

Property details

  • Listing number T5456262
  • Property type House
  • Listing date 14 Apr 2026
  • Floor size 471 m²
  • Rates and taxes R 7 800

Property features

  • Bedrooms 5
  • Bathrooms 4
  • Lounges 2
  • Dining areas 1
  • Garage parking 2
  • Flatlets
  • Pet friendly
  • Balcony
  • Patio
  • Pool
  • Security post

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