R1,470,000
R1,470,000
2 Bedroom House For Sale in Pelican Park
2
Bedrooms
1
Bathrooms
5
Parkings
Ref. RLS983886
Land 176.00m²
Floor 158.00 m²
Monthly Repayment
R15,173.16
Phumza Mnyaka
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!

Features

Interior
2 Bedrooms
1 Bathroom
1 Kitchen
1 Lounge
Fibre
Exterior
3 Garages
2 Parkings (Secure Parking)
2 Flatlets
Security
Sizes
Land Size 176 m²
Floor Size 158 m²
Additional Amenities
Bath, Toilet and Basin
Blinds
Built in Wardrobes
Burglar Bars
Closed Circuit TV
Curtain Rails
Dishwasher Connection
Dual Living
Extractor Fan
Fibre
Open Plan Kitchen
Oven & Hob
Secure Parking
Residential
Aluminium Window

Pelican Park, Cape Town

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Finance

Monthly Repayment
R0,00
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