Commercial property to rent in Green Point

Description

A Premier Turnkey Hospitality Opportunity A Ready-to-Operate Asset in a Premier Location Presenting an exceptional, turnkey opportunity for an established hospitality operator or a corporation seeking premier accommodation. This property is currently operational as a successful serviced accommodation business and offers a 10-bedroom boutique guest house available for an exclusive head lease, ensuring immediate income generation in one of Cape Town's most desirable neighbourhoods. Located at 3 Romney Street, Green Point, this property is an established concern. It is perfectly suited for an operator to seamlessly take over a thriving business or for a corporate entity to secure a dedicated, high-standard accommodation facility for long-term stays, team retreats, or executive placements. We invite proposals for lease terms, including 12-month or... A Premier Turnkey Hospitality Opportunity A Ready-to-Operate Asset in a Premier Location Presenting an exceptional, turnkey opportunity for an established hospitality operator or a corporation seeking premier accommodation. This property is currently operational as a successful serviced accommodation business and offers a 10-bedroom boutique guest house available for an exclusive head lease, ensuring immediate income generation in one of Cape Town's most desirable neighbourhoods. Located at 3 Romney Street, Green Point, this property is an established concern. It is perfectly suited for an operator to seamlessly take over a thriving business or for a corporate entity to secure a dedicated, high-standard accommodation facility for long-term stays, team retreats, or executive placements. We invite proposals for lease terms, including 12-month or month-to-month structures. Property Specifications & Operational Setup Premise: Exclusive lease of the entire property. Accommodation: 10 well-appointed guest rooms with bathroom facilities, configured for the serviced accommodation market. Key Facilities & Condition: The property is fully furnished and operational as a successful business. As the current operator is a reputable co-living and serviced accommodation provider, the property is presented to a high standard and is a genuine turnkey proposition. Successfully operated under the recognised leader in premium co-living and flexible stays, demonstrating proven demand and operational systems. Financial & Lease Particulars Monthly Lease Rate: R 185,000.00 (VAT Inclusive). Exclusions: Utility recoveries (water, electricity) and Fibre/Wi-Fi costs are for the tenant's account. Internet: An existing fibre facility is available and can be transferred to the tenant. Alternatively, the tenant may arrange their own service provider. Lease Term: 12-month leases or month-to-month arrangements will be considered. Location and Amenities 3 Romney Street enjoys the same unbeatable Green Point location, renowned for blending a cosmopolitan lifestyle with coastal charm, offering unparalleled walkability. Green Point Urban Park: A short walk to 12 hectares of gardens and recreational space. Sea Point Promenade: Easily accessible for iconic seaside walks and runs. V&A Waterfront: Cape Town's premier shopping, dining, and entertainment hub is approximately a 15-minute walk away. Café & Restaurant Scene: Surrounded by Green Point's celebrated eateries, cafés, and boutique shops on Main Road and surrounding streets. Daily Convenience & Transport: Excellent access to supermarkets, the MyCiTi bus network, and major highways (N1, N2). The secure, central neighbourhood is popular with tourists and professionals alike. Target Tenant Profile This offering is ideally suited for: Hospitality Operator: Acquire a turnkey business with an established operational model, proven market fit, and immediate cash flow in a prime location. Corporate Entity: Secure a dedicated, high-quality accommodation block for relocating teams, long-term projects, or corporate retreats. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#1996854001","type":"c"}));

What we know about this property

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Portal facts

Zoning

General Residential

Erf Size

441 m²

Floor Size

385 m²

Lease Period

12 month lease (R...

Special Levy

R 0

Building Name

Neighbourgood Romney

Green Building

No

Listing Number

116883428

Multi Tenanted

No

Street Address

3 Romney Street, Green Point

Building Grading

A Grade

Number of floors

2

Type of Property

Commercial Property

Availability Date

01 April 2026

Gross Lettable Area

340 m²

Standalone Building

Yes

Deposit Requirements

1 Month Rental plus Utilities Deposit