Penelope Close, Camps Bay, Cape Town, 8005 | Property for sale | Savills
860 sq m
Guide price R17,500,000(฿33,334,683)

Penelope CloseCamps Bay, Cape Town, 8005

  • New

Key features

  • Rarely available penthouse portfolio
  • Spectacular coastline views
  • Four individually self-contained suites
  • Proven income generating returns
  • Modern functionality and generous spaces
  • Ideal holiday letting as well as self use

Four individually self-contained suites with spectacular coastline views in an elevated, tranquil position.

About this property

  • Designed within a modular concept and with functionality in mind, these modern and bright suites fully embrace generous spaces and their scenic outlook.

    Due to its unique combination of a commercially minded portfolio configuration with an exclusive residential setting, this opportunity presents multiple versatile options for both holiday letting and self use unlike any other property offering in the market.

    Proven income generating returns are in place to underline this investment opportunity.

Local information

  • The upmarket suburb of Camps Bay is enviably situated on the Atlantic Seaboard between the spectacular scenery of Table Mountain and a stretch of powder-white beach (recently voted by TripAdvisor as one of the world's best beaches).
  • Camps Bay offers some of South Africa's most sought-after properties due to its ideal positioning overlooking the Atlantic Ocean and ease of access to Cape Town's CBD.
  • While the suburb is relatively small, houses for sale in Camps Bay are generally large, with some of the more luxurious villas featuring up to 7 bedrooms. It's also not uncommon to come across properties with sophisticated features such as infinity pools and expansive entertainment areas overlooking the ocean.
  • For those looking for something a little smaller, there are also a variety of Camps Bay apartments for sale.