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Franschhoek, Franschhoek, Franschhoek, Western Cape
R 45 000 000
Offering an exceptional opportunity to acquire a fully operational luxury apartment block. This apartment block with elegant finishes and timeless character is within close proximity to acclaimed wine estates, award-winning restaurants, art galleries, and the vibrant Franschhoek village that enjoys year-round demand from both local and international visitors. The apartment block comprises of 4 separate units: UNIT 1: TWO BEDROOM APARTMENT WITH MOUNTAIN VIEW Spacious apartment decorated in a vintage French style. The rooms are furnished with Queen-size beds. A large private balcony overlooks the main road and Franschhoek Mountains. UNIT 2: ONE BEDROOM APARTMENT WITH MOUNTAIN VIEW Fully furnished large apartment with open plan kitchen, lounge & dining room. Air conditioned and large en-suite bedroom with Queen-size bed. Private balcony overlooking Franschhoek Mountains. UNIT 3: TWO BEDROOM SUPERIOR APARTMENT Fully furnished apartment with open plan kitchen, lounge and dining room with private balcony. Two en-suite bedrooms; both fitted with Queen-size beds. Private balcony. UNIT 4: TWO BEDROOM DELUXE APARTMENT Large fully furnished apartment with open plan kitchen, lounge and dining room. Private balcony. Both bedrooms are en-suite. There is a communal lounge and leisure area with a built-in braai and a plunge pool. The apartment block also offers a office, secure undercover lock-up parking with a laundry room as well as a solar and battery system for a complete off-grid power solution. This landmark property with a high occupancy in peak season, combines timeless French-inspired charm with strong income-generating potential and is ideal for investors seeking a premium hospitality or luxury rental asset with both excellent short-term rental income and secure long-term capital growth in the Cape Winelands. The apartments will be sold as a unit and can be sold as a going concern. Properties like this rarely come to the market. Don't miss out on this exclusive investment opportunity. Disclaimer: All descriptions, whether digital or printed, represent the professional opinions of Seeff and its employees, based on information provided by the seller. Prospective buyers are advised to view the property personally to form their own conclusions. While we strive for accuracy, all measurements, dimensions, and floor plans must be independently verified before entering into any financial commitments. Seeff has not tested any services, appliances, or heating/cooling systems; therefore, we give no warranty or guarantee regarding their working order.
Estimated monthly repayment
R 424 949
on a R 40 500 000 bond over 20 years at 11.25%
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Franschhoek, Franschhoek, Franschhoek, Western Cape
Listed by
Thabo Smith
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