R 23 000 000

A rare and compelling investment opportunity in the heart of Green Point — one of Cape Town's most sought-after addresses. This substantial multi-storey Victorian-era residence occupies an elevated hillside position and delivers sweeping panoramic views across the Atlantic Seaboard, Cape Town Stadium, the City Bowl skyline, the V&A Waterfront harbour, and the iconic Table Mountain range, all clearly visible from the property's upper levels as confirmed by the photography.

Zoned GR4, the property offers exceptional flexibility for developers and investors: ideally suited for conversion into a boutique hotel, licensed guesthouse, exclusive short-term rental establishment, or significant residential redevelopment. The existing structure features a distinctive multi-gabled slate-pitched roof — clearly visible in both the elevated and aerial imagery — and accommodates five bedrooms, four bathrooms, and four garages, together with a covered swimming pool and a generous walled garden framed by mature palm trees and a checkerboard patio, all confirmed in the drone aerial photograph.

With no heritage designation on the property, renovation or redevelopment can proceed without the constraints typically associated with older Green Point buildings — a significant advantage in this tightly held node.

The elevated location delivers uninterrupted sightlines towards Cape Town Stadium, Table Bay, and the CBD skyline. Green Point Park's East Gate is approximately 72 m away, KWIKSPAR Green Point is within 220 m, and Reddam House Atlantic Seaboard school is roughly 390 m from the front door. The Burnt Clubhouse café and Rouge Restaurant are both within 300 m, while the V&A Waterfront, De Waterkant, and Sea Point's beachfront promenade are all within easy reach.

The internal floor area is 578 m². Offered for sale at R22 000 000 — a truly rare chance to secure a prime GR4-zoned foothold in one of Cape Town's most globally recognised neighbourhoods.