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- Air-conditioning
- Kitchenette
- Microwave
- Shower Only
- Tea & Coffee Station
- Towels
- Wireless internet (WiFi)
- Workspace
Executive King Studio
Accommodates 2
Open plan large studio apartments, where the lounge and kitchen areas are not closed off to the bedroom. The bathroom is closed off with frosted glass for privacy.
They have fully equipped kitchens, an outdoor courtyard and lounge & dining area.
- Room Amenities
- Air-conditioning
- Kitchenette
- Microwave
- Shower Only
- Tea & Coffee Station
- Towels
- Wireless internet (WiFi)
- Workspace
Two Bedroom Apartment
Accommodates 4
Spacious 2 Bedroom Apartment with a King bedroom upstairs (ensuite) and a Queen bedroom downstairs (ensuite). Fully equipped kitchen, dining area and an outdoor courtyard.
Room Amenities
- Air-conditioning
- Courtyard
- Kitchenette
- Microwave
- Shower Only
- Tea & Coffee Station
- Towels
- Wireless internet (WiFi)
- Workspace
The Offer
Prime Turnkey Hospitality Asset in the Heart of Franschhoek – 6 & 8 De Wet Street.
An exceptional opportunity to acquire a fully operational, cash-flowing hospitality asset in South Africa's premier gourmet and wine capital. Currently trading successfully as Neighbourgood Franschhoek, this turnkey investment offers a rare combination of immediate income, an unrivalled village location, and the capital appreciation potential synonymous with the Cape Winelands' most sought-after address.
Property Overview
The asset comprises 22 elegantly appointed, self-contained apartments spread across two adjacent erven (Erf 3292 – 1,424m² and Erf 2891 – 846m²). Each apartment has been artfully furnished with exposed beams, calming tones, and contemporary detailing, complete with private kitchenettes. The offering is diverse—from cozy Queen Studios to expansive Executive King Studios, loft-style layouts, and generous One-Bedroom Apartments—catering to both leisure and corporate guests seeking a design-led, authentic Winelands retreat.
* King Studio x 7
* Executive King Studio x 4
* Studio Loft Apartment x 6
* One Bedroom Apartment x 3
* Two Bedroom Apartment x 2
A Blue-Chip Investment in a Thriving Market:
This asset offers more than a property purchase; it is an entry into a thriving market where opportunities of this scale and location rarely become available. The Western Cape continues to see strong growth in both international and domestic tourism, with Franschhoek commanding a premium in average nightly rates. The existing Neighbourgood operation has established strong brand equity, delivering a steady income stream from day one.
With a projected NOI of R 4.23 million, this translates to an average price of R 2.2 million per key which is exceptional value for Franschhoek.
For an investor seeking a lifestyle asset with immediate returns, or a hospitality group looking to expand in Africa's most desirable village, 6 and 8 De Wet Street is the most compelling opportunity currently available in the Cape Winelands.
Accommodation and Performance Figures are available on request subject to the signature of a Non-disclosure agreement on behalf of the prospective purchaser.
Location & Walkability
The Village is Your Lobby. Set at 6 and 8 De Wet Street, the property occupies a coveted position in the village, placing guests moments from Franschhoek's celebrated Main Road (Huguenot Street). This famed stretch is renowned for its white-walled boutiques, art galleries, oak-shaded pavement cafés, gourmet restaurants, and wine bars, with the entire village centre reachable within a 20–25 minute stroll.
Crucially, the property itself is within mere footsteps of key attractions:
* A renowned artisanal bakery, Motherdough, is situated directly next door.
* The world-famous Franschhoek Wine Tram terminal is a mere 350 metres away, providing car-free access to a network of vineyards across the valley.
* The historic Franschhoek Art House and Huguenot Monument & Museum are a short, pleasant walk away, cementing the property's position at the cultural crossroads of the village.
Tourism & Hospitality: The Gourmet Capital of the Cape
Franschhoek is more than a destination—it is an internationally acclaimed lifestyle. The valley is a proud member of the Délice Network of Good Food Cities of the World, a testament to its concentration of award-winning restaurants, from casual French bistros to world-class fine dining experiences.
Hospitality here is anchored in a 330-year-old wine-making legacy. Demand for accommodation is driven year-round by a calendar of major events, including the Franschhoek Literary Festival, Bastille Day celebrations, the Cap Classique & Champagne Festival, and the weekly Village Market. The property’s proximity to the Wine Tram—offering hop-on-hop-off access to nearly 30 wineries—places it at the centre of the region's prime tourism experience. Beyond viticulture, guests are drawn by mountain hiking trails in the Mont Rochelle Nature Reserve, scenic drives through the Franschhoek Pass, gallery hopping, and the iconic Babylonstoren garden estate.
Immediate Area & Amenities
Everything a guest requires is found within a short, walkable radius, dramatically enhancing the property's self-catering appeal:
Cape Town airport is roughly an hour’s drive away.
Property Overview
The asset comprises 22 elegantly appointed, self-contained apartments spread across two adjacent erven (Erf 3292 – 1,424m² and Erf 2891 – 846m²). Each apartment has been artfully furnished with exposed beams, calming tones, and contemporary detailing, complete with private kitchenettes. The offering is diverse—from cozy Queen Studios to expansive Executive King Studios, loft-style layouts, and generous One-Bedroom Apartments—catering to both leisure and corporate guests seeking a design-led, authentic Winelands retreat.
* King Studio x 7
* Executive King Studio x 4
* Studio Loft Apartment x 6
* One Bedroom Apartment x 3
* Two Bedroom Apartment x 2
A Blue-Chip Investment in a Thriving Market:
This asset offers more than a property purchase; it is an entry into a thriving market where opportunities of this scale and location rarely become available. The Western Cape continues to see strong growth in both international and domestic tourism, with Franschhoek commanding a premium in average nightly rates. The existing Neighbourgood operation has established strong brand equity, delivering a steady income stream from day one.
With a projected NOI of R 4.23 million, this translates to an average price of R 2.2 million per key which is exceptional value for Franschhoek.
For an investor seeking a lifestyle asset with immediate returns, or a hospitality group looking to expand in Africa's most desirable village, 6 and 8 De Wet Street is the most compelling opportunity currently available in the Cape Winelands.
Accommodation and Performance Figures are available on request subject to the signature of a Non-disclosure agreement on behalf of the prospective purchaser.
Location & Walkability
The Village is Your Lobby. Set at 6 and 8 De Wet Street, the property occupies a coveted position in the village, placing guests moments from Franschhoek's celebrated Main Road (Huguenot Street). This famed stretch is renowned for its white-walled boutiques, art galleries, oak-shaded pavement cafés, gourmet restaurants, and wine bars, with the entire village centre reachable within a 20–25 minute stroll.
Crucially, the property itself is within mere footsteps of key attractions:
* A renowned artisanal bakery, Motherdough, is situated directly next door.
* The world-famous Franschhoek Wine Tram terminal is a mere 350 metres away, providing car-free access to a network of vineyards across the valley.
* The historic Franschhoek Art House and Huguenot Monument & Museum are a short, pleasant walk away, cementing the property's position at the cultural crossroads of the village.
Tourism & Hospitality: The Gourmet Capital of the Cape
Franschhoek is more than a destination—it is an internationally acclaimed lifestyle. The valley is a proud member of the Délice Network of Good Food Cities of the World, a testament to its concentration of award-winning restaurants, from casual French bistros to world-class fine dining experiences.
Hospitality here is anchored in a 330-year-old wine-making legacy. Demand for accommodation is driven year-round by a calendar of major events, including the Franschhoek Literary Festival, Bastille Day celebrations, the Cap Classique & Champagne Festival, and the weekly Village Market. The property’s proximity to the Wine Tram—offering hop-on-hop-off access to nearly 30 wineries—places it at the centre of the region's prime tourism experience. Beyond viticulture, guests are drawn by mountain hiking trails in the Mont Rochelle Nature Reserve, scenic drives through the Franschhoek Pass, gallery hopping, and the iconic Babylonstoren garden estate.
Immediate Area & Amenities
Everything a guest requires is found within a short, walkable radius, dramatically enhancing the property's self-catering appeal:
Cape Town airport is roughly an hour’s drive away.
