Flexible multigenerational living and strong rental returns in Lotus River, Grassy Park — spacious 627m2 plot with four private units and a leafy garden courtyard; five beds, five baths.
Exceptional Dual-Living & Investment Opportunity on a 627m2 Plot in Lotus River🌟
Discover a rare gem on a spacious 627m2 plot in Lotus River, Grassy Park, offering an exceptional dual-living and investment opportunity. This versatile property boasts four separate dwellings, making it an ideal choice for extended families or savvy investors looking to capitalize on rental income and growth potential.
🏠 Main House 1 – Spacious Family Living
Step into comfort with this generous family home featuring three large bedrooms. The main bedroom includes an en-suite bathroom, while a full family bathroom and an additional guest toilet provide convenience for the whole family. Enjoy well-sized living areas perfect for gatherings and relaxation, tailored for a large family seeking both comfort and privacy.
🏠 Main House 2 – Modern & Functional
This modern unit offers two bedrooms and a well-appointed bathroom. The large open-plan lounge and kitchen create a welcoming space ideal for extended family living or generating premium rental income.
🏡 Separate Entrance 1 – Bachelor Unit
With its own private entrance, this bachelor unit is perfect for independent living or securing additional rental income.
🏡 Separate Entrance 2 – 2-Bedroom Unit
Featuring two bedrooms and a versatile storeroom that can serve as a study, home office, or extra storage, this unit also offers a completely private entrance to ensure tenant privacy.
💼 Why This Property Stands Out:
- Four distinct dwellings on one expansive plot
- Significant rental income potential
- Ideal for dual-living or multi-generational families
- Private entrances ensuring personalized space
- Generous 627m2 erf providing ample space and flexibility
This property type is in high demand, offering unparalleled flexibility, abundant space, and robust income potential. Opportunities like this are rare and highly sought after.
📞 Don’t miss out — contact us today to arrange a viewing!
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,495,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 73 listings in Cape Town (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 84% below the median.
Similar properties pricing
Key differences
Market depth
73 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 148 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
Lotus River is a well-established, primarily residential suburb offering a close-knit community feel with convenient access to essential amenities and the broader Cape Town area.
* Distances and amenities are approximate.