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R 10 699 000

25 Bedroom House for Sale in Walmer Estate

Cape Town, Walmer Estate

Beds 25 Bathroom 7 parking 2 Erf Size 389 m²
Exceptional Investment Opportunity
This extraordinary 25-bedroom, 7-bathroom home is perched high on the slopes of Devil's Peak, offering breathtaking panoramic views that stretch from the iconic Table Mountain to the vibrant harbour below.

This property, set on a 389m2 ERF, currently generates an impressive rental income of +/- R130,000 per month, delivering a remarkable 14% return on investment.

Its current use as a student accommodation underscores its strong income potential, yet the possibilities for this property are vast;

Whether you choose to transform it into a luxurious family home or capitalise on the booming short-term rental market, the opportunities are endless.

The location is desirable, with close proximity to the City Centre and the University of Cape Town, along with easy access to major Read more...
Bedrooms: 25
Bathrooms: 7
Garages: 1
Parking: 1
No Pets Allowed
Listing Number
114832518
Type of Property
House
List Date
22 August 2024
Erf Size
389 m²
Rates and Taxes
R 2 000
Pets Allowed
No
Bedroom
25
Bathroom
7
Kitchen
1
Dining Room
1
Family/TV Room
1
Garage
1
Parking
1

Education

Walmer Estate Primary
0.34km
Walmer Secondary
0.35km
Mountain Road Primary
0.49km
Zonnebloem Nest Senior School
0.49km
Zonnebloem Girls Prac. Sch.
0.50km
Holy Cross Rc Primary
0.53km
Zonnebloem Boys Primary
0.56km
Chapel Street Primary
0.81km
Queen'S Park High School
0.84km
Rahmaniyeh Mos Primary
0.92km
St. Agnes'S Primary
1.12km
Trafalgar Secondary
1.50km
Wesley Met. Practising School
1.51km
Cecil Road Primary
1.64km

Food and Entertainment

Jamaica me Crazy
0.68km
Don Pedro's
0.68km
Woodstock Lounge
0.69km
Chandrani
0.74km
KFC
0.98km
Bella Italia Trattoria
1.60km

Health

Woodstock Hospital
0.60km

Shopping

Standard Bank
0.20km
Standard Bank
0.74km
ABSA bank
1.02km

Transport and Public Services

Glass recycling bins
0.48km
Woodstock
1.13km
Esplanade
1.30km
Salt River Fire Station
1.59km
Vredehoek Library
1.62km
Community Motors
1.68km

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Louis Smit
Ronald Read

Contact Agents

By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Louis Smit
Ronald Read

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