La Mirage — Green Point, Kapstadt

A rare multi-villa investment opportunity on the Atlantic Seaboard, comprising three fully furnished luxury villas on a single title deed. Further information available upon request and buyer qualification.

Asset Overview

La Mirage is a fully completed, ready-for-occupation luxury residential development comprising three architecturally designed, fully furnished villas on a single title deed. Completed in December 2024, all units feature imported finishes from Dubai and Turkey across a total built area of approximately 1,529 sqm.

The development is positioned in Green Point — one of Cape Town’s most coveted addresses on the Atlantic Seaboard — placing it at the intersection of lifestyle, prestige, and strong short-term rental demand driven by international tourism and the city’s growing appeal as a remote-work destination.

Property Highlights
- Single Title Deed: Three fully furnished villas held on a single title deed — a rare and flexible ownership structure offering exceptional portfolio optionality.
- Imported Premium Finishes: All units feature imported finishes sourced from Dubai and Turkey, delivering an internationally benchmarked standard of luxury throughout.
- Villa 1 — The Penthouse: A spectacular multi-level penthouse-style residence spanning upper, middle, and lower levels with a rooftop pool and extensive outdoor entertaining areas.
- Projected Combined Income: Based on market research at 75% occupancy, projected combined rental income of USD39,193–62,270 per month, equating to 9%–16% annual returns after fees.
- VAT Refund Opportunity: A VAT refund of R12.8M is available to qualifying buyers, materially enhancing the net acquisition cost and overall investment returns.

Short-Term Rental Investor: Ready-to-rent luxury villas in one of Cape Town’s most sought-after tourism destinations, with projected returns of 9%–16% annually after third-party and management fees.

Family Office Portfolio Asset: A trophy multi-villa holding with strong intrinsic value, prime Atlantic Seaboard positioning, and enduring capital appreciation potential in a globally recognised luxury market.

Owner-Occupier with Income: Occupy Villa 1 as an exceptional primary or secondary residence while generating income from Villas 2 and 3, with all units ready for immediate occupation.