About this property

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 cafe´ 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