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House for sale
Embrace Woodstock's creative energy and café culture minutes from Cape Town CBD; former guest house with multiple rooms and income potential, requiring renovation — 4 beds, 3 baths.
Positioned in one of Cape Town`s most sought-after city-fringe suburbs, this former guest house at 12 Milner Road presents a rare opportunity for investors, entrepreneurs, renovators, and developers looking to unlock serious value.
Set on a well-positioned property in the heart of Woodstock, this character-filled building offers multiple rooms, flexible accommodation options, and endless potential for a variety of uses. Whether you`re looking to revive its former life as a guest house, create a boutique Airbnb offering, establish staff accommodation, or transform it into a unique residential investment, the possibilities are extensive.
The property requires substantial maintenance and refurbishment, making it ideally suited to buyers with vision and a willingness to restore it to its former glory. Opportunities at this price point in Woodstock are becoming increasingly scarce, particularly for properties with existing income-generating potential and commercial appeal.
Located minutes from Cape Town CBD, the Woodstock Exchange, major transport routes, universities, restaurants, coffee shops, and creative hubs, the location continues to attract both local and international visitors while benefiting from the area`s ongoing growth and regeneration.
Key Features:
Former guest house with multiple accommodation options
Prime Woodstock location
Excellent investment and redevelopment potential
Suitable for guest accommodation, Airbnb, co-living, or residential conversion
Close to Cape Town CBD and major amenities
High-demand rental and tourism node
Serious seller – all reasonable offers will be considered
URGENT SALE
The seller has given clear instructions: this property must be sold.
Priced to attract attention and highly negotiable, this is an opportunity for investors and renovators to secure a well-located property with significant upside potential.
Bring your vision. Bring your contractor. Bring your offer.
Listed for sale at R2,795,000
How this home compares with 101 active listings in Cape Town.
Insight
Priced 44% 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
Good value · based on 59 listings
More compact · based on 59 listings
Market depth
101 listings
Similar homes town-wide
168 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.
Woodstock is a vibrant, creative hub that blends historic industrial charm with modern urban living, offering residents a trendy lifestyle close to the heart of Cape Town's city center.
* Distances and amenities are approximate.
