R23,950,000

R23,950,000

5 Bedroom House For Sale in Green Point
5
Bedrooms
4
Bathrooms
2
Garages
On Show
On Show
Friday, 17 April 2026
12:00:00 to 14:00:00
Directions Viewing by appointment only. Please call me to book your viewing time.
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The Greenpoint Sky-Villa: Architectural Icon with 3-Unit Development Potential

Web Ref. RL1157
Land size 314.00 m²
Floor size 471.00 m²
Monthly Bond Repayment
R235,103.59
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 Entertainer’s 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 chef’s 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 Waterfront’s R20 billion ($1.1 billion) upgrade, ensuring massive capital appreciation over the next decade
• Walking distance to Cape Town Stadium and the vibrant café strip, Sea Point Promenade, top schools and the city’s finest dining
• Direct access to Signal Hill and Lion’s 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 Rates Up 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
Monthly Rates R7,800

Features

Interior
5 Bedrooms
4 Bathrooms
2 Kitchens
2 Lounges
1 Dining Room
Exterior
2 Garages
1 Flatlet
Pet Friendly
Pool
Security
Scenery / Views
Sizes
Land Size 314 m²
Floor Size 471 m²
Listing Info
Date Listed 13-04-26
Time Listed 16:28

Disclaimer

While every effort will be made to ensure that the information contained within the Marion Taylor Properties - Atlantic Seaboard website is accurate and up to date, Marion Taylor Properties - Atlantic Seaboard 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.