12 Bedroom House for sale in Bakoven

Description

Situated in one of Cape Town’s most prestigious and sought-after locations, this exceptional Camps Bay property presents a rare opportunity to acquire a 4-bedroom family home together with 8 separate flatlets, offering outstanding income-generating potential. Set on a 596m² erf, the main residence features four well-proportioned bedrooms and four bathrooms, complemented by spacious open-plan living and dining areas. The living spaces flow onto a generous entertainment patio, with large windows and outdoor areas taking full advantage of the spectacular Atlantic Ocean views. The outdoor area features a swimming pool overlooking the ocean, creating an ideal setting for entertaining, relaxing and enjoying Camps Bay sunsets. 8 Separate Flatlets – Exceptional Income Potential Adding significant value to the property are 8 separate flatlets, each with its own... Situated in one of Cape Town’s most prestigious and sought-after locations, this exceptional Camps Bay property presents a rare opportunity to acquire a 4-bedroom family home together with 8 separate flatlets, offering outstanding income-generating potential. Set on a 596m² erf, the main residence features four well-proportioned bedrooms and four bathrooms, complemented by spacious open-plan living and dining areas. The living spaces flow onto a generous entertainment patio, with large windows and outdoor areas taking full advantage of the spectacular Atlantic Ocean views. The outdoor area features a swimming pool overlooking the ocean, creating an ideal setting for entertaining, relaxing and enjoying Camps Bay sunsets. 8 Separate Flatlets – Exceptional Income Potential Adding significant value to the property are 8 separate flatlets, each with its own en-suite bathroom and private entrance. The flatlets provide an excellent opportunity to generate additional rental income and were previously operated successfully as accommodation by the current owner. They could potentially be utilised for short-term accommodation, Airbnb, long-term rentals or a boutique guesthouse operation, subject to the necessary approvals and applicable regulations. The combination of the main residence and 8 separate flatlets makes this property particularly attractive to investors looking for multiple income streams from a single Camps Bay asset. Renovation & Value-Add Opportunity The main residence offers comfortable living in its current condition, while also presenting an exciting opportunity for a new owner to modernise, renovate and further enhance the property's value. Whether your vision is to create a luxurious Camps Bay family home, operate an income-producing accommodation business, or combine both, this property offers exceptional versatility. Property Features: • 596m² erf • R29,000,000 asking price • 4-bedroom main house • 4 bathrooms in the main house • Spacious open-plan living and dining areas • Large entertainment patio • Swimming pool • Spectacular Atlantic Ocean views • 8 separate flatlets • Each flatlet has its own en-suite bathroom • Private entrance to each flatlet • Double garage • Proven previous accommodation income • Excellent rental and investment potential • Renovation and value-add opportunity • Prime Camps Bay location A Rare Investment Opportunity Properties offering a 4-bedroom residence, 8 separate flatlets, ocean views and a prime Camps Bay location are exceptionally rare. This is an opportunity to acquire a substantial property with the potential to combine lifestyle, investment and multiple rental income streams in one of Cape Town's most desirable coastal suburbs. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-2028472360","type":"c"}));

What we know about this property

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Portal facts

Pools

1

Garage

2

Parking

2

Bedrooms

12

Coverage

83 %

Erf Size

596 m²

Bathrooms

11

Floor Size

500 m²

Listing Date

13 August 2026

Outbuildings

1

Pets Allowed

Yes

Listing Number

117523092

Office/studies

1

Internet Access

Fibre

Type of Property

House