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MyProperty Africa
R 2,795,000
South AfricaWestern Cape›Goodwood›Richmond Estate›2515206
Corner property featuring a tiled roof, perimeter boundary wall, and gated driveway access from the street.
Outdoor area featuring a large metal carport structure, a built-in brick braai, and water storage tanks on a paved and unpaved yard.
A compact kitchen area featuring tiled walls, a built-in countertop workspace, and a gas hob setup.
Corner property featuring a tiled roof, perimeter boundary wall, and gated driveway access from the street.
Outdoor area featuring a large metal carport structure, a built-in brick braai, and water storage tanks on a paved and unpaved yard.
A compact kitchen area featuring tiled walls, a built-in countertop workspace, and a gas hob setup.
A compact bedroom featuring partial wall tiling and laminate flooring, currently utilized as a sleeping and workspace area.
A spacious bathroom featuring dual vessel sinks, a corner soaking tub, and a glass-enclosed shower area with tiled walls and flooring.
View Area Map

House for sale

Richmond Estate, Goodwood
6 Beds
6 Baths
8 Open Parking
171m² Floor
497m² Land
Flatlet
Swimming Pool

Fully Tenanted Investment Property | 8 Bedrooms | ±R40,000 p/m Rental Income | Prime Location

Enjoy hassle-free, high-yield investing near N1 City Mall and hospital — fully tenanted with R40,000/month income, swimming pool with built-in braai; six bedrooms, six baths, eight parking.

An exceptional opportunity to acquire a fully tenanted, income-generating property in a sought-after location. Currently generating ±R40,000 per month in rental income, this investment offers immediate cash flow with established tenants already in place.

Designed with rental income in mind, the property features 8 spacious bedrooms, 8 en-suite bathrooms, and 8 secure parking bays, providing comfortable accommodation while maximizing rental potential.

Ideally situated close to N1 City Mall, N1 City Hospital, and with easy access to major transport routes and public transport, the property enjoys a highly desirable location for tenants, helping to support strong occupancy levels.

Additional features include:

8 Spacious bedrooms

8 En-suite bathrooms

8 Secure parking bays

Fully tenanted

±R40,000 monthly rental income

Individual prepaid electricity meters

Water storage tanks

Swimming pool

Built-in braai/entertainment area

Excellent access to major roads and public transport

Low-maintenance, high-yield investment

Whether you're expanding your investment portfolio or looking for a property that delivers immediate returns, this is a rare opportunity to secure a proven income-producing asset in a high-demand rental area. With its strong rental performance, prime location, and investor-friendly features, this property is well positioned to provide consistent cash flow and long-term capital growth.

Contact me today to arrange a private viewing and discover the value this outstanding investment has to offer.

Saeed Williams is a representative of Real Estate Power cc t/a REAL REALTY

Additional features

Open Parking
Entrance Hall
Dining Room
Braai Area
Lounge
Water Tanks

Ownership costs

Home Loan Repayment
R 25,538
Rates & Taxes
R 940
TotalR 26,478
Could you qualify for a lower home loan rate?

Property history

Listed for sale at R2,799,999

08 Jul 2026

Price reduced by 0.2% to R2,795,000

26 Oct 2026

Smart property insights

Limited · 3 similar homes across Goodwood

Limited comparable data

We found only 3 similar-sized active homes in Goodwood — not enough for a fair price comparison.

Goodwood insightsRichmond Estate insights

MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.

Find similar nearby propertiesSame style and feel, in this price range
Saeed Williams

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Saeed Williams

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REAL Realty

REAL Realty

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Useful links

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Area overview

Richmond Estate in Goodwood offers residents a peaceful, centrally located suburban lifestyle with easy access to major transport routes, schools, and essential amenities.

Shopping

  • •
    N1 City Mall(3.5 km) · Shopping Mall
  • •
    Goodwood Mall(2.0 km) · Retail
  • •
    Canal Walk Shopping Centre(7.0 km) · Shopping Mall

Education

  • •
    Goodwood Park Primary School(1.5 km) · Primary
  • •
    Fairbairn College(2.5 km) · Secondary
  • •
    Tygerberg High School(4.0 km) · Secondary

Transport

  • •
    Goodwood Railway Station(2.0 km) · Train Station
  • •
    N1 Highway Access(2.5 km) · Highway
  • •
    Cape Town International Airport(12.0 km) · International Airport

Parks & Recreation

  • •
    Goodwood Sports Club(2.0 km) · Sports Facility
  • •
    Riebeeck Stadium(2.5 km) · Park
  • •
    Intaka Island(6.5 km) · Nature Reserve

Healthcare

  • •
    Mediclinic N1 City(3.5 km) · Hospital
  • •
    Goodwood Pharmacy(1.5 km) · Medical Center

Dining & Entertainment

  • •
    GrandWest Casino and Entertainment World(4.0 km) · Entertainment
  • •
    N1 City Restaurant Hub(3.5 km) · Restaurant Hub
View Richmond Estate Market Insights & Stats→

* Distances and amenities are approximate.