Turnkey stylish lock up and go in the city
ZAR 11,995,000
- 4 Bedrooms
- 3 Bathrooms
- ~138 m² Living area
- ~158 m² Plot surface
Description
This fully operational four-bedroom short-term rental in Vredehoek presents a rare opportunity to acquire an established, income-generating hospitality business. With a verifiable trading history, proven cash flow, and all the operational infrastructure already in place, this is far more than a property purchase—it's an investment in a business with a demonstrated track record of success. Even more compelling, the current year's revenue is ahead of pace and set to surpass the previous year's performance, highlighting the property's continued growth potential and strong market demand. Whether you're an experienced investor or looking to enter the short-term rental market, this turnkey opportunity allows you to generate income from day one.
On the ground floor is an open-plan living room/ kitchen. The lounge is comfortably laid out with a fireplace at its centre and doors opening onto a sheltered garden with built-in braai and seating area. The kitchen has a large, marble-topped central unit, very much the focal point, enhanced by beautiful pendant lighting. Alongside the kitchen is a dining area, which has bifold doors opening onto the azure plunge pool and terrace, which has feature wood panelling.
The property has three bedrooms on this floor, one ensuite and the other 2 sharing a full bathroom. The main bedroom suite is reached via an attractive, contemporary glass panelled staircase with lockable door, and has a private balcony with glorious views of Table Mountain.
The house is full of stylish, high quality contemporary features – chrome and glass bathroom fixtures, large-format tiles, a subtle modern colour palette. The property is fully secured with automated access gates and electric fencing. As a member of a body corporate, the property enjoys the added benefit of their oversight and security. Pet friendly subject to BC approval. Vredehoek is increasingly sought-after. Offering easy access to the city centre and freeway, it is also within walking distance of the Gardens Shopping Centre and has plentiful green spaces. A MyCiti bus station is also located close by. Currently operating as a 4-bedroom short-term rental, this property boasts a 7-figure net revenue for the last 2 years and counting, marking it as veritable investment. All in all, this really beautiful modern cottage, in an excellent location, is a gem.
Plot 158m²
Floor space 138+/-m²
Price exclusive of VAT.
Exclusive Mandate.
GarageGarden
Engel & Völkers Cape Town City Bowl
Your advisor: Mongezi Mevana
Property ID: ENV211586
Property details
- Property type
House
- Bedrooms
4
- Bathrooms
3
- Garages
1
- Living area
~138 m²
- Plot surface
~158 m²
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Engel & Völkers Cape Town City Bowl
Provider:
Union Square Properties 121 (Pty) Ltd.
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