Steps from Sea Point Promenade and cafés, renovated Three Anchor Bay apartment offers enclosed sunroom, proven short-term rental income and two bedrooms, one bathroom — pet-friendly living.
The apartment has been tastefully modernised throughout, allowing a new owner to simply move in or begin generating income from day one. Having already operated successfully as a short-term rental, it demonstrates strong earning potential in one of the Atlantic Seaboard’s most sought-after areas.
The main bedroom is spacious and noticeably larger than the second bedroom, with both offering generous built-in cupboards. The open-plan kitchen and living area create a modern, easy flow — perfect for everyday living or hosting guests. An enclosed balcony adds valuable additional space and natural light, ideal as a sunroom, work-from-home nook or relaxed extension of the living area.
The sectional title scheme is solid and well maintained, offering good security within a secure, non-manned building. The block is pet-friendly — a rare and highly desirable feature in this area — and enjoys a pleasant garden outlook at the front, adding a sense of calm despite its central position.
Location is everything, and this address truly delivers:
Everything you need is within easy reach.
Opportunities like this — renovated, flexible-use, income-generating apartments in Three Anchor Bay — are limited and consistently in demand.
Whether you're an investor seeking immediate returns or a buyer wanting convenience and lifestyle in equal measure, this apartment ticks all the right boxes.
Furniture can be purchased separately by arrangement.
Contact me to arrange your private viewing.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R4,640,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 322 listings in Cape Town (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 54% above the median.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
322 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 125 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Three Anchor Bay offers a vibrant coastal lifestyle characterized by its proximity to the Atlantic Seaboard's scenic promenade, trendy eateries, and convenient access to both the city center and pristine beaches.
* Distances and amenities are approximate.