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MyProperty Africa
R 479,999
South AfricaWestern Cape›Eersterivier›Palm Park›2477152
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 1
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 2
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 3
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!!
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 2
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 3
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 4
HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS.  EXCLUSIVE SOLE MANDATE!!! - Photo 5
Sold
House
5 Beds
2 Baths
165m² Land

HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS. EXCLUSIVE SOLE MANDATE!!!

Earn steady rental income in a convenient, amenity-rich neighborhood — three separate-entrance units with most finishes on-site and value-add upside; five bedrooms, two bathrooms.

HIGH-RETURN INVESTMENT OPPORTUNITY – 3 INCOME UNITS

Serious investors only.

This 5-bedroom property is already structured into 3 separate rental units, designed for immediate income generation once completed.

Income Layout:

2 × Two-Bedroom Units – Open-plan kitchen & living area

1 × One-Bedroom Unit – Private bathroom

Three separate entrances = three rental streams.

Value-Add Opportunity

The property is incomplete, but most of the finishing materials are already on site, including:

New interior doors (rooms & bathrooms)

Toilets and basins for all bathrooms

The heavy structure is done. Finish, rent, and cash flow.

Rental Projection

Estimated combined rental income: ± R9,000 per month

That’s ± R108,000 per year in potential gross income once completed.

Strong yield potential for the right buyer.

This is not for first-time buyers.

This is for investors who understand:

  • Buying below market value
  • Adding finishing value
  • Maximising rental returns

If you’re looking for a cosmetic flip, this is not it.

If you’re looking for income-producing property with upside — this is your opportunity.

Enquire only if you are ready to move.

Additional Features

Pets Allowed

Monthly Costs

Home Loan Repayment
R 4,313
Levy
R 105
TotalR 4,418

Property history

Listed for sale at R479,999

03 Mar 2026
Kelvin Edwards

Presented by

Kelvin Edwards

Property Practitioner

Virtual Realty

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Area Overview

Palm Park in Eersterivier offers a convenient and accessible residential environment for families seeking proximity to essential community services and major transport routes within the Western Cape.

Shopping

  • •
    Eersterivier Shopping Centre(1.5 km) · Shopping Mall
  • •
    Shoprite Eersterivier(1.2 km) · Retail

Education

  • •
    Eersterivier Secondary School(2.0 km) · Secondary School
  • •
    Forest Village Primary School(2.5 km) · Primary School

Transport

  • •
    Cape Town International Airport(15.0 km) · International Airport
  • •
    N2 Highway(5.0 km) · Highway

Parks & Recreation

  • •
    Blue Downs Sports Complex(4.5 km) · Sports Facility
  • •
    Macassar Beach Pavilion(12.0 km) · Beach

Healthcare

  • •
    Eersterivier Hospital(2.5 km) · Hospital
  • •
    Kleinvlei Community Health Clinic(3.0 km) · Medical Center

Dining & Entertainment

  • •
    McDonald's Eersterivier(1.8 km) · Fast Food
  • •
    KFC Eersterivier(1.5 km) · Fast Food
View Palm Park Market Insights & Stats→

* Distances and amenities are approximate.