Invest or retreat to a tranquil mountainside home in Clovelly, with panoramic False Bay-to-Atlantic views, a 40sqm sunroom and three self-contained income units, five bedrooms, three baths.
An exceptional investment opportunity awaits with this multi-level mountainside property. Configured as three self-contained dwellings, each unit is already delivering consistent monthly rental income, offering immediate returns for the savvy investor. The flexible layout also allows it to function as a substantial family residence or be further developed to maximize yield.
With its proven income stream, versatile design, and sought-after location, this property represents a rare chance to secure both lifestyle and long-term financial growth. Beyond its financial appeal, the home provides a private, inspiring retreat — perfectly suited to creative individuals or anyone seeking tranquility away from the bustle of city life.
The main house on the top level, with feature rock face wall, offers large open plan living with kitchen, dining area, study, main bedroom and lounge with flow to a huge 40 sqm sunroom with floor to ceiling windows offering magnificent 180-degree sea and mountain views from False Bay to the Atlantic. You won't get better views anywhere in Clovelly.
This level leads to an upper landing to the second bedroom with stairs to a basement which could be used as a third bedroom as it has its own en suite full bathroom.
The intermediate and lower levels consist of a 2 income generating flats: the middle one, a large bedsitter and the lower, a 1-bedroom flat, both with private balconies offering beautiful views. Additional storage space is provided at ground level. These levels are entirely separate from the main house, but can easily be incorporated back into the main dwelling.
PLEASE NOTE: This property is only accessible from Mountain Road via a 200 metre pathway. There is NO garaging, on-street parking only! Documentation has been approved for the construction of a driveway, with an undertaking from the 2 neighbours in the vicinity, that they will share in the costing.
Listed for sale at R8,450,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 35 listings in Fish Hoek (town)
Insight
Priced above the median for similar properties in the area.
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
Affordability
R 82,949 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
35 similar listings
Medium similar-home inventory town-wide (Fish Hoek)
Median time on market: 106 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
Clovelly offers a relaxed coastal lifestyle with a strong sense of community, beautiful natural surroundings, and convenient access to amenities in Fish Hoek and beyond, making it an attractive residential area.
* Distances and amenities are approximate.