NO TRANSFER DUTY
Web Ref RL530
NO TRANSFER DUTY
Web Ref RL530
R39,995,000
Monthly Bond Repayment R412,823.74
Calculated over 20 years at 11.0% with no deposit.
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Rare Investment Opportunity in Cape Town’s Coveted Nicol Street – Boutique Guest Hotel Potential
Rolix Real Estate is proud to present a unique and exclusive opportunity for astute investors, property portfolio managers, or boutique hospitality buyers to acquire a highly versatile collection of ten income-generating units, ideally located in the heart of Cape Town’s thriving Gardens suburb.
This exceptional portfolio, currently operating as a boutique hotel, is now offered as either a consolidated investment or on a sectionalized, per-property basis. Situated just off the ever-vibrant Kloof Street, Nicol Street is a quiet cul-de-sac known for its charm, security, and proximity to Cape Town’s most sought-after attractions. These properties offer a perfect blend of urban convenience and serene residential character—making them an ideal choice for Airbnb operations, mid- to long-term rentals, or a fully-fledged guesthouse.
About the Portfolio:
The offering includes five freestanding buildings and two sectional title units, all zoned appropriately for either General Residential or Local Business and collectively comprising ten modern, self-catering one-bedroom apartments.
These units were carefully curated to cater to young professionals, digital nomads, and tourists seeking luxury accommodation close to Cape Town's inner-city lifestyle. Stylishly appointed with high-end finishes, air-conditioning, Smeg appliances, fibre internet, and contemporary interiors, each unit is designed to offer premium living comfort and strong yield potential.
Breakdown of Properties:
- No. 2 Nicol Street – R7.8 million + VAT
Zoned Local Business | ±173 m²
A versatile, double-story property currently serving as the reception and check-in desk, a waiting room, and a spacious office. Could easily be converted to a co-working space to expand your income potential.
- No. 4 Nicol Street – R9 million + VAT
Zoned General Residential | ±171 m²
Features four spacious one-bedroom apartments (two ground floor, two top floor). Units can be interlinked for guests requiring dual suites—perfect for families or group bookings.
- No. 6 Nicol Street – R6 million + VAT
Zoned General Residential | ±88 m²
Offers two beautifully finished one-bedroom apartments. The ground-floor unit includes a charming courtyard, while the top unit enjoys a decent-sized balcony with views of Signal Hill and Lion’s Head from the bedroom.
- No. 8 Nicol Street – R6 million + VAT
Zoned General Residential | ±87 m²
Similar in layout and quality to No. 6, this property also includes two one-bedroom apartments with spacious outdoor spaces and ideal short-stay appeal.
- No. 9 Nicol Street (Sectional Title Units)
Unit 3 – R3 million + VAT (±65 m²): Ground floor unit with private courtyard.
Unit 4 – R3 million + VAT (±69 m²): Top floor unit with central outdoor space allowing in ample natural light.
These units are also ideal lock-up-and-go apartments.
Each apartment includes private living areas, kitchens, en-suite bathrooms with a separate loo, and some offer interleading access to accommodate larger bookings. The current hotel operation can continue as-is or be transformed into a high-performing residential investment.
Additional Features:
Modern finishes with high-spec appliances
Fibre Wi-Fi and satellite television in all units
Air-conditioning throughout
Inverter and backup battery power supply in place
Boutique design with strong guest and tenant appeal
Furniture and appliances can be purchased additionally, making it a turnkey rental-ready investment.
Prime Location: Nestled in a serene cul-de-sac, these properties are just steps away from Cape Town’s best restaurants, boutiques, and nightlife, ensuring consistent demand from both short- and long-term tenants.
Heritage Meets Modernity: The properties seamlessly blend Cape Victorian charm with contemporary finishes, including bespoke interiors, Smeg appliances, and premium amenities.
Flexible Purchase Options: Acquire the entire portfolio for R37.2 million plus VAT, or select individual properties tailored to your investment goals.
Please Note: Street parking is available on a first-come, first-serve basis, contributing to the boutique charm of this tucked-away cul-de-sac.
Whether you're an established investor looking to expand your Cape Town portfolio, a hospitality entrepreneur ready to build a boutique guest hotel, or a buyer seeking luxury rental stock with proven returns—this is a truly one-of-a-kind opportunity in a premium location.
For further details or to arrange a confidential viewing, contact me today.
This exceptional portfolio, currently operating as a boutique hotel, is now offered as either a consolidated investment or on a sectionalized, per-property basis. Situated just off the ever-vibrant Kloof Street, Nicol Street is a quiet cul-de-sac known for its charm, security, and proximity to Cape Town’s most sought-after attractions. These properties offer a perfect blend of urban convenience and serene residential character—making them an ideal choice for Airbnb operations, mid- to long-term rentals, or a fully-fledged guesthouse.
About the Portfolio:
The offering includes five freestanding buildings and two sectional title units, all zoned appropriately for either General Residential or Local Business and collectively comprising ten modern, self-catering one-bedroom apartments.
These units were carefully curated to cater to young professionals, digital nomads, and tourists seeking luxury accommodation close to Cape Town's inner-city lifestyle. Stylishly appointed with high-end finishes, air-conditioning, Smeg appliances, fibre internet, and contemporary interiors, each unit is designed to offer premium living comfort and strong yield potential.
Breakdown of Properties:
- No. 2 Nicol Street – R7.8 million + VAT
Zoned Local Business | ±173 m²
A versatile, double-story property currently serving as the reception and check-in desk, a waiting room, and a spacious office. Could easily be converted to a co-working space to expand your income potential.
- No. 4 Nicol Street – R9 million + VAT
Zoned General Residential | ±171 m²
Features four spacious one-bedroom apartments (two ground floor, two top floor). Units can be interlinked for guests requiring dual suites—perfect for families or group bookings.
- No. 6 Nicol Street – R6 million + VAT
Zoned General Residential | ±88 m²
Offers two beautifully finished one-bedroom apartments. The ground-floor unit includes a charming courtyard, while the top unit enjoys a decent-sized balcony with views of Signal Hill and Lion’s Head from the bedroom.
- No. 8 Nicol Street – R6 million + VAT
Zoned General Residential | ±87 m²
Similar in layout and quality to No. 6, this property also includes two one-bedroom apartments with spacious outdoor spaces and ideal short-stay appeal.
- No. 9 Nicol Street (Sectional Title Units)
Unit 3 – R3 million + VAT (±65 m²): Ground floor unit with private courtyard.
Unit 4 – R3 million + VAT (±69 m²): Top floor unit with central outdoor space allowing in ample natural light.
These units are also ideal lock-up-and-go apartments.
Each apartment includes private living areas, kitchens, en-suite bathrooms with a separate loo, and some offer interleading access to accommodate larger bookings. The current hotel operation can continue as-is or be transformed into a high-performing residential investment.
Additional Features:
Modern finishes with high-spec appliances
Fibre Wi-Fi and satellite television in all units
Air-conditioning throughout
Inverter and backup battery power supply in place
Boutique design with strong guest and tenant appeal
Furniture and appliances can be purchased additionally, making it a turnkey rental-ready investment.
Prime Location: Nestled in a serene cul-de-sac, these properties are just steps away from Cape Town’s best restaurants, boutiques, and nightlife, ensuring consistent demand from both short- and long-term tenants.
Heritage Meets Modernity: The properties seamlessly blend Cape Victorian charm with contemporary finishes, including bespoke interiors, Smeg appliances, and premium amenities.
Flexible Purchase Options: Acquire the entire portfolio for R37.2 million plus VAT, or select individual properties tailored to your investment goals.
Please Note: Street parking is available on a first-come, first-serve basis, contributing to the boutique charm of this tucked-away cul-de-sac.
Whether you're an established investor looking to expand your Cape Town portfolio, a hospitality entrepreneur ready to build a boutique guest hotel, or a buyer seeking luxury rental stock with proven returns—this is a truly one-of-a-kind opportunity in a premium location.
For further details or to arrange a confidential viewing, contact me today.
Features
Pets Allowed
No
Interior
Bedrooms
10
Bathrooms
10
Kitchen
10
Reception Rooms
20
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Floor Size
653m²
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