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5 Bedroom Freehold For Sale in Lansdowne

R2,649,000


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

Web Ref No RL29477

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

Bedrooms 5
Bathrooms 4
Flatlet 2
Recep. Rooms 3
Dom. Accom. 1
Garages 4
Land Size 450m²
Carports/Parkings 2

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