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Live opposite De Waal Park with park views and easy family life — versatile five-apartment investment generating R64,000/month; can include furniture and leases. Five beds, five baths, two garages.
EXCLUSIVE MANDATE
Positioned right across from the De Waal Park, ideal families and furry friends lovers or keep it running ad your investment property.
Can also live in main apartment and rent out the remainder....
Consisting of 5 separate entrance apartments varying in size and layout.
3 large 1 bedroom apartments, 2 smaller self catering units.
Currently achieving a rental income of R64,000 p/m.
Can be taken over with furniture and current leases in place.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R13,950,000
Price reduced by 7.5% to R12,900,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 75 listings in Cape Town (town)
Insight
Priced slightly above the median for similar properties. On a price-per-m² basis, it is 16% below the median.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
R 126,632 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
75 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 140 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Gardens is a vibrant and centrally located suburb offering a mix of residential charm and urban convenience, making it an appealing place to live for those seeking a dynamic lifestyle close to the city center.
* Distances and amenities are approximate.
