R 10 500 000 | 5 bed property for sale in dolphin beach

Exclusive 3-Level, 350sqm Apartment – Dolphin Beach This exceptional 350 sqm triple-storey apartment is the largest residence at Dolphin Beach and represents a rare investment and lifestyle opportunity on Bloubergstrand’s iconic beachfront. Dolphin Beach offers direct access to pristine sands and uninterrupted views of Table Mountain, perfectly positioned for world-class kite surfing and oceanfront living while remaining close to Cape Town’s vibrant city energy. What makes this property truly unique is its flexible design: although configured as one expansive residence, it functions as three fully self-contained apartments within a single title, creating outstanding letting and income potential. Flexible 3-Unit Configuration Level 1 A spacious 2-bedroom apartment with full kitchen, bathroom, balcony and patio. Estimated long-term rental income: ± R18,500 per month Level 2 A well-appointed 2-bedroom apartment with kitchenette, two bathrooms and private balcony. Estimated long-term rental income: ± R18,500 per month Level 3 – Loft Penthouse A stunning open-plan loft featuring 1 bedroom, bathroom, lounge and balcony with elevated views. Estimated long-term rental income: ± R17,500 per month Combined estimated long-term rental potential: ± R54,500 per month Please note: These figures reflect long-term letting only. When operated as a short-term rental, the property has the potential to generate up to nearly double this income, particularly given its prime beachfront location and strong demand from international kite surfers and holiday visitors. Financial Overview Rates: R4,153 per month Levies: R15,407 per month This rare multi-level residence offers exceptional flexibility as a luxury family home, high-yield investment, or hybrid lifestyle property. Its scale, beachfront position and built-in rental configuration make it one of the most compelling opportunities within Dolphin Beach — particularly attractive for the thriving kite surfing rental market. Viewing by appointment only. Property Features • 5 Bedrooms • 4 Bathrooms (2 en-suite) • 3 Kitchens • 2 Family / TV rooms • Lounge and dining area • Dedicated bar and braai entertainment space • 3 Balconies and private patio • Laundry and scullery • Store room • Access to communal outdoor pool • Landscaped gardens • 24/7 security within Dolphin Beach Estate • 2 secure parking bays plus visitor parking • Pet-friendly environment