House for sale
Flexible living and strong rental income potential in a quiet, established neighbourhood with easy access to amenities; converted into three self-contained apartments with a huge 992sqm yard for development.
Income Potential on a Generous 992sqm Serviced Erf
This well-positioned property offers a fantastic opportunity for buyers seeking space, flexibility, and potential income. Set on a large 992sqm serviced erf, the home has been adapted into three separate apartments, making it ideal for rental purposes or accommodating extended family living.
Each unit provides its own private space, creating a practical layout for multiple occupants while still allowing for future reconfiguration if desired. The expansive yard offers plenty of room for further development, additional structures, or outdoor enhancements.
Whether you're looking to invest, generate rental income, or create a multi-living environment, this property presents excellent value with plenty of scope to grow.
Property Highlights:
Spacious 992sqm serviced erf
Main dwelling converted into 3 separate apartments
3 bedrooms and 3 bathrooms in total
Large yard with development potential
Ideal for investors or extended family living
A versatile property with solid potential.
Listed for sale at R690,000
How does this home’s price compare with similar properties?
Price comparison based on 5 similar-sized homes.
Insight
Priced 75% below the local median - and below the typical range across Malmesbury.
Compared with 5 similar active listings across Malmesbury.
It sits below similar homes even on a price-per-m² basis - condition, position or finishes may explain the gap. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Chatsworth in Malmesbury offers a peaceful rural lifestyle surrounded by rolling wheat fields while remaining conveniently close to essential urban amenities and the N7 highway.
