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3 Romney Street, Green Point, Cape Town, Western Cape
R 19 500 000
This property situated in Green Point, comprises 10 En-suite Suites: Designed with a stylish, modern beach-house aesthetic—perfect for digital nomads, tourists, and corporate stays. Shared lounges, communal kitchen, sun terrace, and lush garden spaces. Prime Walkable Location: Situated in the heart of Green Point, just steps from Green Point Park, Cape Town Stadium, and the V&A Waterfront. This isn’t just a property— A Rare Hybrid Investment Opportunity. The asset operates under the Neighbourgood model, a proven co-living and hospitality concept that targets the high-demand market of remote workers, digital nomads, and global tourists seeking flexibility and community in Cape Town. Sold as a Turnkey Operation with income generation in place. Currently operating as a successful Neighbourgood co-living & guest house, generating immediate income. Retain Management (Optional): The existing operator is open to staying on, allowing new investors to leverage expert management while building their portfolios. This is ideal for those wanting to enter the hospitality sector without the daily operational learning curve. Location: The Best of Cape Town on Your Doorstep Green Point is one of Cape Town’s most desirable and pedestrian-friendly suburbs, offering a cosmopolitan coastal lifestyle. Nature & Recreation: A short walk to the 12-hectare Green Point Urban Park, the scenic Sea Point Promenade, and nearby beaches like Three Anchor Bay. Dining & Culture: Within walking distance of top spots like Giovanni’s Deliworld, Bootlegger Coffee, and the vibrant Cape Quarter Lifestyle Village. Major Attractions: Less than 1 km to the Cape Town Stadium (DHL Stadium), a 5-minute drive to the V&A Waterfront, and easy access to the CBD and Atlantic Seaboard. The Investment Case Green Point currently boasts strong rental yields, consistently high demand, and is a top choice for both local and international buyers. Guest houses in the area are the most common accommodation type. With 10 suites operating under a flexible co-living model, this asset is well-positioned to outperform traditional rental properties. Disclaimer: While the asset generates significant short-term and medium-term rental income, buyers are encouraged to conduct their own financial due diligence. To find out more or to arrange a viewing, feel free to reach out directly and I will gladly assist.
Estimated monthly repayment
R 184 144
on a R 17 550 000 bond over 20 years at 11.25%
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3 Romney Street, Green Point, Cape Town, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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