One of the most exclusive suburbs on the Atlantic Seaboard, Fresnaye is home to some of the most sought-after holiday investment properties in Cape Town. The suburb lies between Signal Hill and Sea Point, high on the slopes of Table Mountain. From its vantage point, the area boasts breath-taking views of the Atlantic Seaboard, along with a quiet location that has made it a haven for those wanting to escape the hustle and bustle of the Inner City. Despite this sense of peace and quiet however, Fresnaye is just minutes away from major attractions, beaches and sights, making this an ideal destination for holiday-makers, honeymooners and leisure-seekers.
In this area guide, we take a closer look at Fresnaye, to see what this area has to offer for those considering holiday investment properties in this part of the city.
Holiday Investment Properties in Fresnaye: Here’s What You Should Know
Lying just west of the CBD, Fresnaye is positioned on the slopes of Lion’s Head to the east, between Sea Point to the north west and Bantry Bay to the south west. According to the most recent census data, the population is 2011. Despite its small size, Fresnaye is by no means cramped or crowded, with many properties boasting large gardens and plots. Some of its top highlights for those considering holiday investment properties in this part of Cape Town include the following:
- Sheltered, scenic location. Thanks to its relative shelter from the notorious south easter winds that blow through much of the city, Fresnaye is pleasant and mild much of the year. For tourists, the area offers idyllic views of ocean and mountain, with breath-taking scenery to be enjoyed from lush gardens overlooking the city and ocean. This location lends itself to romance, which is why it has become a favourite for honeymooners and other couples. But it’s also peaceful and pretty enough to be ideal for families and other groups wanting a central location that is still a little way outside of the urban centre.
- Central and convenient. Fresnaye is a short drive from the City Centre, while also being close to Sea Point. Some parts of the suburb are within walking distance to Sea Point, while others are a little further away. The Waterfront is minutes away, the beaches of Camps Bay and Clifton are equally nearby and a quick Uber trip or car drive will get travellers where they need to go simply and quickly. This makes the area ideal for leisure travel. For business travellers meanwhile, facilities such as the Cape Town International Convention Centre (CTICC) are just a short drive away on the Foreshore.
- Safe and peaceful. One of the many reasons that residents are attracted to the area is is sense of peace and quiet. The area’s location makes it safe and calm, with no restaurants, bars, traffic lights or noise to be found amidst its peaceful streets. The area is primarily residential – making it perfect for those wanting to invest in short term rental property. The majority of gardens are large, with established trees that further add to the sense of peace that permeates the suburb.
- World-class property selection. Be prepared – holiday investment properties here are well within the higher price spectrum. A smaller apartment could cost up to R4 million, while larger properties easily reach up to R125 million and higher. On the upside, rental returns for this exclusive area are also significent, which means that a 5-star short term let will quickly make your investment worthwhile. One of the best ways to ensure that you get the best returns on your investment is to consider short term property management that includes a comprehensive range of services tailored to your requirements. Marketing, day to day management, bookings management and guest services are all vital to ensuring a successfully managed holiday rental.
Currently own a property in this area, or considering investment properties in Fresnaye in the near future? Totalstay provides a full suite approach to holiday rental management, with everything you need to succeed. Contact us today to learn more about what we offer.