3 Bedroom Apartment For Sale in Cape Town

Property description

An exceptionally scarce investment opportunity to invest in two fully furnished luxury apartments on a single title deed – perfect for high-yield short-term rentals or dual living. Prime Glen-side beachfront, in walking distance from Clifton, the Glen and Camps Bay Main beach and on the doorstep from Camps Bay Retreat hotel, it's lush green garden, the promenade, restaurants and cafés.

Key Highlights:
2-Bedroom unit: Open-plan with large private terrace, 2 equally spacious en-suite bedrooms, stunning panoramic Atlantic views.
1-Bedroom unit: ideal guest suite, same high-end finishes and sea-facing terrace
High-end Oggi wooden floors
premium appliances,
Batteries / inverter for back up power during possible loadshedding.
Fully furnished and turnkey investment solution – ready to list on Airbnb immediately
No Body Corporate – low monthly costs (approximately R1 300/month for shared home-owners insurance + utilities)
Parking: First-come, first-served basis (shared with adjacent hotel guests – 9 bays to share and plenty of street parking)

Historical Income & Investment Potential:
1-Bedroom unit: ~R700 000 net annually
2-Bedroom unit: ~R1 100 000 net annually
Combined: ~R1.8 million net per year – outstanding yield in Camps Bay’s thriving tourism hotspot
Listing price excludes VAT but can be sold as ongoing concern that results in a high net yield of 10.7%

Versatile Options:
Even when travelling to Camps Bay and enjoying one of your apartments, you can still earn while enjoying the view yourself. It also caters very well for families or group travel up to 6 people.

This blue-chip beachfront investment is one of the rarest on Camps Bay’s iconic strip – unbeatable location, views, and proven returns. Opportunities in this price bracket on the beach front in Camps Bay don't come around often.
Viewings strictly by appointment. Contact me today to secure this once-in-a-lifetime coastal asset!