R 7 000 000

Commercial Property for Sale in Green Point

2 St Georges Road, Green Point, Cape Town

215 m²

Prime Investment Opportunity in Green Point – Co-Living Potential with Exceptional Returns

Nestled in the heart of Green Point, 2 St George Road presents a rare opportunity to invest in a prime property with significant earning potential.

Boasting an unbeatable location, this property offers both long-term rental appeal and an exciting co-living investment model that maximizes returns.

Property Highlights:

Sought-After Location: Situated in Green Point, one of Cape Town’s most desirable neighbourhoods, this property enjoys proximity to world-class amenities, restaurants, and the iconic V&A Waterfront.

Flexible Investment Model: With the option to operate as a traditional rental or transform into a high-yield co-living space, the property offers both stability and growth potential.

Expansion Potential: The existing structure allows for the addition of two more rooms, increasing rental income and overall value.

Investment Case and Performance...

Nestled in the heart of Green Point, 2 St George Road presents a rare opportunity to invest in a prime property with significant earning potential.

Boasting an unbeatable location, this property offers both long-term rental appeal and an exciting co-living investment model that maximizes returns.

Property Highlights:

Sought-After Location: Situated in Green Point, one of Cape Town’s most desirable neighbourhoods, this property enjoys proximity to world-class amenities, restaurants, and the iconic V&A Waterfront.

Flexible Investment Model: With the option to operate as a traditional rental or transform into a high-yield co-living space, the property offers both stability and growth potential.

Expansion Potential: The existing structure allows for the addition of two more rooms, increasing rental income and overall value.

Investment Case and Performance Breakdown:

Traditional Long-Term Rental Model

Purchase Price & Costs: R7M (including closing costs)

Rental Income: R40,000 per month (R480,000 per annum)

Operating Costs: 25% (R120,000)

Net Annual Income: R360,000

ROI: +/-6%

The Neighbourgood Co-Living Model

Projected Rental Income: R12,500 per room x 6 rooms = R75,000 per month (R900,000 per annum)

Operating Costs: 35% (R315,000)

Net Annual Income: R585,000

ROI: 10%

Why Invest?

Higher Returns: The co-living model increases net operating income by R200,000 annually compared to a traditional lease.

Capital Appreciation: The enhanced revenue stream translates to an estimated R2M in value creation.

Turnkey Opportunity: With minimal additional investment, this property is ready to deliver strong financial performance.

This is a high-yield investment in one of Cape Town’s most in-demand locations. Whether you choose a stable long-term rental or a high-performing co-living strategy, 2 St George Road is a property that works for you.

Don’t miss out on this rare opportunity! Contact us today to explore this and other similar exceptional investments that are available.

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Property Overview

Listing Number

115720787

Type of Property

Commercial Property

Street Address

2 St Georges Road, Green Point

Listing Date

13 March 2025

Erf Size

280 m²

Floor Size

215 m²

Special Levy

R 0

Rates and Taxes

R 3 000

Zoning

General Residential

Building

Gross Lettable Area

215 m²

Points of Interest

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