Coastal lifestyle steps from Sea Point Promenade in Three Anchor Bay — fully furnished, modernised 37m² one-bedroom with proven Airbnb income, dedicated work nook and open parking.
Positioned in the heart of Three Anchor Bay, just a short stroll from the Sea Point Promenade, this modernised and fully furnished 37m2 apartment presents a rare plug-and-play investment opportunity on the Atlantic Seaboard.
This is not simply an apartment — it is an income-producing asset.
The unit has generated approximately R201,000 net annual Airbnb income with strong occupancy levels, making it an attractive option for investors seeking a high-yield, low-maintenance property in a prime location.
Features include:
The layout maximises space and natural light, creating a bright, welcoming environment ideal for short-term guests or professionals seeking a lock-up-and-go lifestyle.
At the asking price, the property offers an attractive yield relative to comparable Atlantic Seaboard investment stock.
Whether you are looking to expand your rental portfolio, secure a coastal base, or acquire a performing Airbnb unit with proven returns — this is an opportunity not to be missed.
Contact me directly for income breakdown and viewing arrangements.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,150,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 219 listings in Cape Town (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 31% above the median. Floor size is 23% smaller than typical for similar homes.
Similar properties pricing
Key differences
Affordability
R 21,105 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
219 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 150 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 is a vibrant and sought-after coastal suburb offering a blend of residential tranquility and convenient access to Cape Town's attractions, making it ideal for those seeking a dynamic urban lifestyle with stunning sea views.
* Distances and amenities are approximate.