This well-positioned property offers a rare opportunity to acquire either a spacious family home or a solid, income-generating investment in the established and sought-after suburb of Wynberg. The property is currently configured to accommodate shared living, catering to consistent rental demand and delivering reliable cash flow. There is clear scope for rental optimisation, as well as future development potential, making this an attractive option for both investors and owner-occupiers with a long-term vision.
The main house comprises five individual rental rooms supported by shared kitchen and bathroom facilities, allowing for efficient use of space and steady occupancy. A separate entrance features a self-contained unit that was converted from the garage, offering additional rental income or private accommodation for extended family. To the rear of the property, approximately 144 m2 to 170 m2 of usable open space presents an excellent opportunity for further development or enhancement, subject to the necessary council approvals.
All tenants have been formally advised in writing of the intended sale and the possibility of an investor handover, with notices issued on Friday, 12 December 2025. Written acknowledgements and receipts have been obtained from tenants, ensuring transparency and sale readiness.
Sole mandate.
