SHOWING LISTING 1 OF 1
 
GET EMAIL
ALERTS
Tour here

R2,649,000

Monthly Bond Repayment R27,342.67
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Delightful Family Home with Two Income-Generating Flatlets in Prime Lansdowne Location

Nestled in a desirable pocket of Lansdowne, bordering the prestigious suburb of Rondebosch East and Claremont, this well-maintained 3-5 bedroom residence offers a unique blend of comfort, convenience, and opportunity. Perfectly positioned with easy access to the M5, Kenilworth Centre, and within walking distance to esteemed schools, popular cafe's, and the best restaurants that the southern suburbs has to offer!
This home is ideal for a growing family seeking a welcoming community atmosphere.

Step inside to discover a spacious open-plan lounge and dining area that seamlessly flows into a well-appointed kitchen, complete with ample storage, a breakfast nook, and plumbing for a washing machine-an inviting space designed for family living and everyday practicality.

The main house features three generously sized bedrooms, two of which are fitted with built-in cupboards, as well as two stylishly modern bathrooms for added comfort and functionality.

One of the standout features of this property is the expansive indoor entertainment area, thoughtfully designed with a built-in braai-perfect for family gatherings and celebrations, with easy access to the backyard for effortless indoor-outdoor living.

Safety and space are a priority, with a secure, oversized double garage accommodating up to four vehicles, plus additional parking for two more cars in the driveway.

Adding even more value to this wonderful property are two self-contained flatlets-each offering private living spaces with their own kitchenette and bathroom. The downstairs unit is a bachelor flat, while the upstairs flatlet offers similar conveniences. Both are currently tenanted at R5 000 each, collectively generating a rental income of R10,000 per month, making this an ideal option for dual living, extended family accommodation, or investment purposes. Both units have their own private access to entry and exit.

Investment breakdown:

Option1:
Rental Income: (R25 000)
- Main House: R15 000
- 2 Flatlets: R10 000

Option 2:
Rental Income: (R10 000)
- 2 Flatlets
And live in the main house.

Option 3:
Convert the entire main house into room share - dual living space and earn +- R20 000 on the main house and continue earning R10 000 on the flatlets.

Whether you're looking to invest in the southern suburbs, or find your next family home, contact me today to do a virtual viewing or a physical viewing at your convenience.

Features

5
4
4
Interior
Bedrooms
5
Bathrooms
4
Reception Rooms
3
Exterior
Garages
4
Carports / Parkings
2
Security
No
Flatlet
2
Domestic Accommodation
1
Sizes
Land Size
450m²
 
  • 1
 

Get Email Alerts

Sign-up and receive Property Email Alerts of Freeholds for sale in Lansdowne, Cape Town.

I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

Disclaimer: While every effort will be made to ensure that the information contained within the Choprop Sales & Letting website is accurate and up to date, Choprop Sales & Letting makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

27,342.67

You currently have no favourites.
Click on the favourite icon for a property to add it to your favourites.