Sold
HouseRef RL380
A Green Point Holding Where Space and Opportunity Align
R 12 495 000Last advertised price
Green Point, Cape Town
This property is no longer on the market — it was sold by Quay 1.
See what’s available in Green PointKey facts
- Type
- House
- Bedrooms
- 3
- Bathrooms
- 3
- Garages
- 1
- Carports
- 1
- Land size
- 550 m²
Brought to you by Quay 1 International Realty | Dual Mandate
An exceptional and increasingly rare opportunity in the very heart of Green Point, offering scale, position, and flexibility that seldom come to market—especially at this price point.
Set on a large erf, this older, well-maintained home presents a unique canvas for buyers with vision. With potential for dual street entrances, excellent setback, and a quiet, private position, the property lends itself beautifully to restoration, re-modernisation, or full redevelopment.
The SR1 zoning allows for up to three dwellings, opening the door to multiple value-add options—whether sectionalising into two units, developing three separate residences, or creating a single, standout family home with generous proportions. The spacious garden and outdoor areas are a defining feature, with ample room for a pool, landscaped entertainment spaces, or future extensions. With the right vision, magnificent views can be created, further enhancing long-term value.
What truly sets this property apart is the combination of erf size, location, and potential—a rarity in Green Point’s tightly held market. Homes like this, particularly those offering redevelopment upside, are scarce and highly sought-after, and when they do appear, they tend to move swiftly—often within days of launch.
Whether you’re an investor, developer, or end-user looking to create something special, this is a once-in-a-lifetime opportunity to secure a substantial property in one of Cape Town’s most desirable urban neighbourhoods—at an unbelievable price point given current market dynamics.
Opportunities of this calibre in Green Point are few and far between.
This one demands attention.
Features
- pool
- security
- sea views
- pets allowed
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