5 Bedroom House in Sea Point

ONLINE AUCTION - BIDDING WILL START AT R8 000 000

This sale is Subject to Confirmation by the parties concerned

The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.

The Purchaser must further familiarise themselves with the terms and conditions applicable to this Lot

A 10 deposit and 5 auctioneers fee plus VAT on fee is due and payable by the highest bidder once bidding has closed

The purchaser is required to provide the Certificates of Compliance

VAT will be added to the purchase price. No transfer duty is payable.

A Rare House - Apartment. Your Ready-Made Hospitality Business or Luxury Holiday Home

Offering the scale and character of a substantial home, this unique property combines 264 m2 of floor space with the flexibility of sectional-title ownership and NO LEVIES. There are only 2 units in the building. The 2nd unit is COMPLETELY separate and his it''s own entrance in a different street.

Sold fully furnished and equipped, including furniture and appliances, this is an opportunity to step into an established guesthouse operation or enjoy a beautifully appointed holiday home without starting from scratch.

Property Highlights

5 bedrooms | 5.5 bathrooms

Generous multi-level layout with 3 reception areas

Panoramic views across Green Point

Wraparound balcony

Spacious open-plan lounge and dining area

Original, fully functional fireplace

Kitchen, reception area and courtyard

4 dedicated workstations and private meeting pod

Single garage plus additional parking

Backup batteryinverter

Currently operating as a guesthouse on Booking dot Com with a generous monthly income

Lifestyle & Investment Potential

Ready-made hospitality setup with potential to continue shortlong-term letting, subject to applicable requirements

Ideal as a turnkey holiday home or spacious city residence

Well suited to the digital nomad and business-travel market

Close to the V&A Waterfront, beaches, restaurants and major Cape Town attractions

Heritage buildings in front help preserve the exceptional views

VAT & Transfer Costs

VAT will be added to the purchase price. No transfer duty is payable.