R1,000,000

4 bedroom house for sale in Capital Park

367 Malherbestr
4 Beds
3 Baths
1 Garage
550m²
1,022m²
Pets Allowed
House For Sale In Capital Park

Multi-Level Investment Opportunity with Exceptional Rental Potential

This unique multi-level property offers an outstanding opportunity for investors or renovators looking to add value and generate strong rental income.

Street Level:

A separate flat provides independent living or additional rental income.

First Level:

Secure parking with 8 garages, ideal for multiple tenants or extended family use.

Second Level – Main House (Lower Level):

Lounge and dining room

Kitchen

Bathroom

Storeroom

Stoep (veranda)

Next Level – Main House (Upper Living Area):

Second kitchen

Dining room and lounge

Balcony with views

Outside entertainment area with a small courtyard

Next Level – Bedroom Level:

5 bedrooms, all with built-in cupboards

Upper Levels:

Laundry area

Service quarters

Outside toilet and shower facilities

Additional Dwelling:

A separate klip house (stone cottage) suitable for single-person accommodation.

Outdoor Features:

Large terraced garden extending up the berg

Fully fenced property

Situated in a very safe and secure area

Condition & Potential:

The property requires painting and general TLC, with visible water damage in some middle sections. With renovation, this property can be converted into multiple rental units, potentially accommodating up to four couples, with rental income capable of covering bond repayments.

✨ Ideal for investors, renovators, or multi-family living

✨ High income potential after refurbishment

Property Type
House
Bedrooms
4
Bathrooms
3
Stand Size
1,022m²
Building Size
550m²
Living Area
6
Garages
1
Covered Parking
1
Open Parking
1
Rates & Taxes
R1,400
Pets Allowed
Yes
Built-in Cupboards
Yes
Curtain Rails
Yes
Tiled Floors
Yes
Separate Toilet
Yes
Basin
Yes
Bath
Yes
Toilet and Basin
Yes
Shower
Yes
Garbage Disposal
Yes
Dishwasher Connection
Yes
Pantry
Yes
Open Plan
Yes
Fridge
Yes
Double
Yes
Triple Parking
Yes
Double Parking
Yes
Reference
ENT0311132
Bedroom
Built-in Cupboards, Curtain Rails, Tiled Floors
Bathroom
Separate Toilet, Basin, Bath, Bath, Toilet and Basin, Shower
Kitchen
Garbage Disposal, Dishwasher Connection, Pantry, Open Plan, Fridge
Address
367 Malherbestr
Property history
Listed for sale at R1,000,000
06 Jan 2026
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