R1,470,000
2
Bedrooms
1
Bathrooms
5
Parkings

Phumza Mnyaka
Principal Property Practitioner
Seeff South Eastern Suburbs
PPRA Registered | FFC
2023117268
Monthly Rates
R850
Total
R850
PERFECT INVESTMENT OR FIRST HOME OPPORTUNITY!
12 Cormorant Street
Web Ref.
RLS983886
This well-positioned property offers multiple income-generating possibilities. The main house features a neat 2-bedroom layout with an open-plan kitchen and a functional bathroom — ideal for comfortable living.
Adding excellent value are two separate 1-bedroom flatlets, both self-sufficient with their own prepaid electricity and water meters. Each unit is designed to provide privacy and convenience for tenants.
The property also includes a spacious garage that can accommodate up to three cars, ensuring secure parking. Safety and modern connectivity are covered with a comprehensive camera system and fibre-ready setup.
Currently yielding a rental income of approximately R14,000 per month, this property is perfect for investors looking for a high return or first-time buyers seeking tenants to assist with bond repayments.
Key Features:
2-bedroom main house with bathroom and open-plan kitchen
Two 1-bedroom flatlets with separate utilities
Prepaid electricity and water meters
Garage parking for 3 cars
CCTV security and fibre-ready
Rental income ± R14,000 per month
Don’t miss out on this fantastic opportunity to invest or settle into your first home while earning rental income!
Adding excellent value are two separate 1-bedroom flatlets, both self-sufficient with their own prepaid electricity and water meters. Each unit is designed to provide privacy and convenience for tenants.
The property also includes a spacious garage that can accommodate up to three cars, ensuring secure parking. Safety and modern connectivity are covered with a comprehensive camera system and fibre-ready setup.
Currently yielding a rental income of approximately R14,000 per month, this property is perfect for investors looking for a high return or first-time buyers seeking tenants to assist with bond repayments.
Key Features:
2-bedroom main house with bathroom and open-plan kitchen
Two 1-bedroom flatlets with separate utilities
Prepaid electricity and water meters
Garage parking for 3 cars
CCTV security and fibre-ready
Rental income ± R14,000 per month
Don’t miss out on this fantastic opportunity to invest or settle into your first home while earning rental income!
Features
Interior
Exterior
Sizes
Additional Amenities
Pelican Park, Cape Town
- Street map
- Street view
Monthly Repayment
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