Cash-flow ready living in an established neighborhood, with roomy outdoor space perfect for a garden or entertainment area. Three bedrooms, 1.5 baths and single garage.
This 3-bedroom, 1.5-bathroom property is brimming with potential and offers a fantastic opportunity for buyers looking to create value. Whether you’re an investor seeking rental income or a homeowner ready to put your stamp on a solid structure, this home is worth serious consideration.
Inside, you’ll find a generous living space and a functional kitchen layout—ready for a modern update. The three bedrooms provide ample room for family living or shared accommodation, while the 1.5 bathrooms add convenience for tenants or larger households. With some thoughtful renovations, this property can be transformed into a comfortable, income-generating asset.
Currently tenanted, the home already offers immediate rental returns, making it an attractive option for investors looking to step straight into a cash-flowing property.
Set on a sizeable erf, there’s room to enhance the outdoor space—whether by adding secure parking, a garden, or entertainment area. The possibilities are wide open for those with vision.
Keanu Atkins is a representative of Real Estate Power CC, trading as REAL REALTY
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R650,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 168 listings in Cape Town (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 67% below the median. Floor size is 49% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
168 similar listings
High similar-home inventory town-wide (Cape Town)
Median time on market: 116 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
Ocean View is a close-knit, community-focused residential suburb nestled between the scenic mountains and the Atlantic coastline, offering residents affordable living with easy access to the natural beauty of the Southern Peninsula.
* Distances and amenities are approximate.