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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.
Listed for sale at R2,150,000
How this home compares with 220 active listings in Cape Town.
Insight
Priced 7% below the local median — but still inside the typical range for Cape Town.
It's smaller than typical, which helps explain where it sits in the range. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Key differences
Premium priced · based on 206 listings
Compact at a premium · based on 206 listings
Market depth
220 listings
Similar homes town-wide
132 days
Median time on market
Many similar homes
Active across Cape Town
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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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.
