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

R 2,649,000

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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 cafes, 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 000Option 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 youre 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.Property Reference #: RL29477Agent Details:Shaazia SoomarChoprop Sales and Letting146 Willem Botha StreetWierda Park0157

1mo

Choprop Sales and Letting

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Stunning Greenpoint Luxury Villa with Sky Roof and Exceptional STR Potential

R 20,995,000

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Stunning Greenpoint Luxury Villa with Sky Roof and Exceptional STR YieldsLive Above, Let Below, or Maximize Your Investment and Let All 5 Bedrooms ! Nestled on the slopes of Signal Hill, this exceptional hybrid home offers the unique opportunity to both live in and generate substantial income through Short-Term Rentals (STR). Designed by the acclaimed architect Bertie Schreuder, the property beautifully integrates the charm of wood and steel beams from the original home with modern finishes, including ceiling-height doors that create a light, airy atmosphere.The main level features three spacious bedrooms and two bathrooms, flowing seamlessly into the open-plan living area. This entertainers dream space includes a sleek modular kitchen, a lounge, and a dining area. Large sliding doors lead out to a sunny terrace with a laser-cut awning, offering breathtaking 270-degree views of the Atlantic ocean, harbour, promenade, and Greenpoint Urban Park.Below the main level is a fully separate, self-contained apartment with two en-suite bedrooms, a kitchen featuring granite surfaces, and a lounge that opens onto a large terrace and a sparkling pool. Currently listed on both Airbnb and other booking platforms, the apartment is rated as Excellent and generates three times the average rental income for the area - between R5 000 and R13 000 per night in season - thanks to its unparalleled views and private plunge pool. All bookings to date, currently around R500 000, will transfer to the new owner.With the ability to accommodate up to 10 guests when fully let, this property stands as a rare gem on the Seaboard, offering significant income potential.The Sky Roof rooftop terrace is truly a standout feature, spanning 220 square metres of manicured greenery. This entertainers haven includes a tiki bar, braai (barbecue), and jacuzzi, creating an ideal space for both tranquil afternoons and vibrant evening gatherings. Structurally engineered to support an additional level, the rooftop offers exciting future potential-whether for a master suite with a pool, or a clubhouse for guests.Technologically advanced and fully networked, the home boasts LUX power hybrid inverters with 5kVA Lithium Ion batteries, ultra-fast connectivity, and full home automation with Alexa, Google Home, and Apple Home integration. The property also features CCTV and electric fencing for added convenience and security. Two newly-installed solar geysers ensure an energy-efficient hot water supply with electricity savings of up to 65%, while a double garage and storeroom complete the package.Conveniently located in Upper Greenpoint, the home is close to several key amenities. The V&A Waterfront is undergoing a R20 billion ($1.1 billion) upgrade over the next 15 years, further enhancing the value of this prime location.1. V&A Waterfront - A world-class shopping, dining, and entertainment destination with luxury boutiques, restaurants, a marina, and museums. I...Has PoolProperty Reference #: RL1129Agent Details:Janine CatlinMarion Taylor PropertiesShop 3 Central ParadeVictoria RdCamps Bay

20d

Marion Taylor Properties

Green Point & Waterfront

Located In The Prestigious Langeberg Glen

R 1,359,000

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Two bedroom, one bathroom luxury apartments SELLING FROM R1,359,000Langeberg Glen, bordering Durbanville, Cape TownOccupation mid 202597% Tenant paying rate in area14% Average capital growth p/a since 2013R70 320 rental assist to investors*No transfer dutyNo transfer and bond costsSave up to R72 000 in attorney feesINTRODUCING OAKLEAF PLACE:AN EXCLUSIVE INVESTMENT OPPORTUNITY IN THE PRESTIGIOUS LANGEBERG GLEN AREA OF CAPE TOWNS NORTHERN SUBURBS. THESE LUXURIOUS 2-BEDROOM, 1 BATHROOM APARTMENTS OFFER SOPHISTICATED YET COSMOPOLITAN DESIGN, PERFECT FOR THOSE SEEKING THE ULTIMATE IN LUXURY LIVING.But thats not all - with easy access to a host of amenities including shopping centres, gyms, schools, and healthcare facilities, Oakleaf Place offers unparalleled convenience for residents. Investors can take advantage of our special offer with bond and transfer fees included, as well as a 55% deduction against taxable income for those expanding their section 13sex investment portfolio.Construction is set to begin in mid-2024, with the first occupants expected to move in mid 2025. With only a limited number of units available, Oakleaf Place presents a unique opportunity for investors to maximize their capital growth and rental income. Dont miss out on this exceptional investment opportunity. Invest in Oakleaf Place today and experience the pinnacle of luxurious living in the Northern Suburbs of Cape Town.INVESTMENT BENEFITS- R70 320 rental assist to investors*- Gross rental yields up to 10,88%- Bond and transfer fees included- Buy directly from the developer- Up to 100% bond financing available- Rental income from R9 250 to R9 750 per month- Deduct up to R769 450 of the purchase price against taxable income through Section 13sex- IGrow Rentals will place and manage your tenant for you- Property tax strategies offered by IGrow Chartered Accountants- Company & trust advice and setup through IGrow Trusts- R20 000 reservation deposit required (refundable should financing not be approved)APARTMENT FEATURES* Spacious upmarket 2 bedroom, 1 bathroom apartments* Built-in -braais to spacious patio/balconies* Exclusive use garden areas to all ground floor apartments* Fibre installed to all units* Front door security gate and burglar bars* Washing machine/dishwasher point in kitchen* Tiled throughout for low maintenance* Built-in slimline oven with gas hob* Granite kitchen countertops* One full bathroom (Shower and bath)* Clever site design with natural lighting* Smart water meters* 100 litre geyser to each apartment* Pre-paid electrical meters* Modern sanitary finishes* One secured open parking bay per apartment* 5 year NHBRC Warranty* 12 months gaurantee on roof structures* Building insurance covered by levyDEVELOPMENT FEATURES- Views over Boland mountain range- Walking distance to many amenities & shops- On public transport routes- Last opportunity to purchase in this high capital growth node- Guardhou...Property Reference #: RL1854Agent Details:IGrow Wealth InvestmentsIgrow Group99 Jip de Jager DriveWelgemoedThe Vineyards Office Estate

20d

Igrow Group

Kraaifontein

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"house under r20 000" in Western Cape

house under r20 000 in Western Cape (12 results)

Results for house under r20 000 in "house under r20 000" in Western Cape in Western Cape