R 9 500 000
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10 Bedroom House in Flamingo Vlei

10 8.5 3 959 m² 558 m²

Exceptional Investment in Flamingo Vlei [removed] 8-Income-Generating Units!

JOINT MANDATE

Unlock the door to a powerful income property in one of West Coasts most sought-after suburbs. This versatile 3 bedroom house with 7 other units is an investment in the heart of Flamingo Vlei delivers strong monthly returns, endless flexibility, and the potential to grow your portfolio while earning from day one.

Each unit is self-contained and stylishly laid out, offering a mix of spacious apartments and compact lock-up-and-go options ... perfect for attracting a broad tenant base and ensuring consistent occupancy all year round.

The main dwelling, positioned on the upper level, gives the new owner the option to live in style while the remaining units work for you.

Financial Highlights:

Gross Monthly Income: R75,000

Monthly Expenses: R15,000

Projected Income Growth: R80,000+ p/m by early 2026

Strong Net Yield with room for further uplift

Why Youll Love It:

8 fully independent units, all with secure on-site parking

Ideal for passive income seekers or owner-occupiers wanting to live and earn

Situated in a prime pocket of Flamingo Vlei, close to shops, schools, Table Bay Mall & public transport

Low-maintenance design and high tenant demand ensure stability and growth

Opportunities like this are incredibly rare a ready-made investment offering immediate returns, long-term capital growth, and the freedom to design your own income strategy

Call me today and Lets Talk !!!

Property details

  • Listing number T5299537
  • Property type House
  • Listing date 11 Nov 2025
  • Land size 959 m²
  • Floor size 558 m²
  • Rates and taxes R 8 000

Property features

  • Bedrooms 10
  • Bathrooms 8.5
  • Lounges 1
  • Dining areas 1
  • Garage parking 2
  • Open parking 1
  • Pet friendly
  • Balcony
  • Laundry
  • Patio
  • Pool
  • Security post
  • Garden

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