| Outstanding Investment Opportunity with Exceptional Flexibility |
Positioned in the highly desirable Rondebosch Park Estate, this substantial 10 bedroom, 4 bathroom property presents an outstanding opportunity for investors seeking strong immediate returns combined with significant future upside.
Currently operating as a successful rental accommodation investment, 9 of the 10 bedrooms are leased until 31 December 2027 to young professionals, generating a secure monthly rental income of R50,250. This provides investors with an attractive income stream from day one while offering considerable scope to unlock additional value over time.
The home is configured over two levels and offers remarkable flexibility. The ground floor comprises five bedrooms, two bathrooms and a generous open-plan kitchen, lounge and dining area that create a welcoming communal living space. Upstairs, a further five bedrooms and two bathrooms provide substantial accommodation, with the added benefit of a separate entrance and an additional kitchen.
One of the property's most appealing features is its three separate entrances, two serving the lower level and one dedicated to the upper floor. This layout creates numerous possibilities for future reconfiguration, whether as a spacious family home with a large income-generating flatlet above, multiple self-contained apartments, or an enhanced student accommodation offering, subject to the necessary approvals.
The home is also equipped with a solar system, inverter and battery backup, ensuring greater energy efficiency, reduced operating costs and uninterrupted power during load shedding an increasingly valuable feature for both investors and tenants alike.
Ample parking further enhances the property's appeal, with a double carport and secure off-street parking for at least five additional vehicles.
The living areas flow seamlessly to a substantial rear garden that offers both space and future potential. As demonstrated by several neighbouring properties, there is an opportunity to add additional dwellings while still retaining a generous garden area, making this an exciting prospect for investors looking to maximise the property's development potential.
Whether you are looking to expand a student accommodation portfolio, create a multi-income residential asset, or secure a large property in one of Cape Town's most sought-after suburbs, this versatile home delivers immediate cash flow, long-term growth potential and exceptional flexibility.
An opportunity of this calibre in Rondebosch Park Estate is seldom available.
ERF Size 744 m²
Rates R3,600 per month
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John Birkett
c. 083 444 5767
john.birkett@rawson.co.za
Stephen De Villiers
c. 073 216 1638
steve.devilliers@rawson.co.za
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