R15 000 000 VAT Inclusive (VAT may be recoverable by an eligible VAT-registered purchaser)
Nestled in the heart of prestigious Bantry Bay, just two minutes walking distance from Saunders Beach, this charming coastal retreat presents a compelling blend of lifestyle appeal, established rental income and exceptional development potential.
Currently operating as a holiday rental, the property has generated R781,865 in 2026 revenue, including forward bookings through December, with low overheads enhancing its investment appeal.
The existing home offers three bedrooms, two bathrooms, an inviting lounge and dining area, and a fully equipped kitchen. A charming courtyard with a sparkling plunge pool and built-in braai creates a welcoming outdoor sanctuary, perfect for relaxed entertaining and balmy Cape Town evenings. Additional features include TVs in every room, an external laundry room, electric fencing and CCTV security.
Approved plans offer the opportunity to transform the property into a luxurious four-bedroom, all-en-suite residence over three levels, complete with a rooftop swimming pool, terrace and entertainment area.
With the Sea Point Promenade, beautiful beaches, acclaimed restaurants and vibrant cafés nearby, this property offers an enviable coastal lifestyle alongside the opportunity to create an exceptional contemporary residence in one of Cape Town's most sought-after suburbs.
A coastal retreat. Established rental income. Exceptional potential.
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Based on 61 live for-sale listings in this suburb.
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