Luxury Living | Private Pool | Expansive Terraces | Fully Furnished | Investment Opportunity
Discover an exceptional opportunity to own a sophisticated, fully furnished duplex penthouse at the prestigious 35 on Rose, where contemporary elegance, generous proportions and effortless city living come together in one remarkable residence.
Spanning approximately 315 m2 across two beautifully appointed levels, this magnificent penthouse offers an impressive sense of space, privacy and versatility, with beautifully designed interiors flowing seamlessly onto expansive outdoor entertainment areas.
The main living level welcomes you into generous open-plan lounge and dining spaces, complemented by a stylish, well-appointed kitchen. Large glass doors invite natural light into the interiors while creating a wonderful connection between indoor and outdoor living.
Step outside onto the private terrace, where your own swimming pool and entertainment area provide the perfect setting for relaxed afternoons, alfresco dining and memorable evenings with friends, all against the vibrant backdrop of Cape Town’s city skyline.
The accommodation comprises two beautifully appointed bedrooms, both en-suite, offering comfort and privacy. The main suite provides a luxurious retreat, while the second bedroom is equally well suited to visiting family or guests.
The upper level introduces an entirely different dimension to penthouse living. A comfortable pyjama lounge, additional TV lounge and dedicated study area create flexible spaces for working from home, unwinding or entertaining. The thoughtful layout allows different areas of the home to be enjoyed independently, making it as practical as it is impressive.
Beautiful finishes, carefully selected furnishings and a sophisticated contemporary aesthetic run throughout the property, creating a home that feels both luxurious and welcoming.
Two secure undercover parking bays complete this exceptional offering.
AN ATTRACTIVE INVESTMENT OPPORTUNITY
Beyond its appeal as a luxurious city residence, this penthouse presents an excellent opportunity for investors seeking an established rental income in one of Cape Town’s most dynamic urban locations.
The property is currently tenanted at R80,000 per month, representing a gross annual rental income of R960,000 and an attractive gross rental yield of approximately 6.86% at the asking price.
The existing lease includes a break clause, offering potential flexibility for purchasers wishing to occupy the property themselves, subject to the terms of the lease. Alternatively, an investor may acquire the property with the existing tenancy in place, providing immediate rental income from transfer, subject to the applicable lease arrangements.
THE LOCATION
Situated in the heart of Cape Town’s vibrant city centre, 35 on Rose places you within easy reach of the colourful Bo-Kaap, an exciting collection of restaurants, cafés, galleries and boutique shops, as well as the city’s thriving business and entertainment districts.
The V&A Waterfront, Atlantic Seaboard beaches and some of Cape Town’s most celebrated attractions are all conveniently accessible.
This is a location that offers the very best of cosmopolitan city living, whether as a permanent residence, sophisticated Cape Town base or investment property.
PROPERTY HIGHLIGHTS
A RARE OPPORTUNITY
Whether you are looking for an exceptional lock-up-and-go city residence, a luxurious Cape Town pied-à-terre or an income-generating property with an established tenant, this remarkable penthouse offers a compelling combination of lifestyle, location and investment appeal.
Offered for sale at R13,995,000.
Contact us to arrange a private viewing of this exceptional penthouse.
This listing is presented by Riaan Ackermann & Karin Coetzee.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
Disclaimer: Any price displayed in a foreign currency is for information purposes only and is an estimate based on the applicable exchange rate at the time of publication. Exchange rate fluctuations may result in variations. The official asking price is the South African Rand (ZAR) price.
