7 Bedroom House in Rondebosch

Description

The sale attracts VAT, and therefore no transfer duty is applicable.If structured as a going concern, the transaction may be zero-rated for VAT, further enhancing the benefit to the purchaser.R14,950,000 excluding VATR17,192,500 including VATVAT component: R2,242,500A full cinematic feature video is included in the listing, along with conceptual renders that illustrate the propertys potential for expansion, subject to council approval. These are intended to offer a creative sense of what could be achieved, and to help you visualise the next phase of this asset.Welcome to Rondebosch Upper, one of Cape Towns most academically anchored suburbs, positioned between the city, mountain, and coast.From the property, you are within close proximity to the areas leading institutions. The University of Cape Town is approximately 400m away, while top schools such as Rondebosch Boys'' High School 1.5 km, Diocesan Bishops College 1.8 km, Rustenburg Girls'' High School 2 km, Westerford High School 2.5 km, and St Josephs Marist College 3 km are all within minutes.Lifestyle amenities including Kirstenbosch National Botanical Garden, Baxter Theatre Centre, and Cavendish Square are also within easy reach.Architecturally, Rondebosch Upper is defined by classic homes set on generous plots with mature gardens, many of which have been thoughtfully modernised while retaining their original character.The Property:Set within a quiet cul-de-sac, the home is currently configured as a 7-bedroom residence, with 3 en suite bedrooms and 2 shared bathrooms, suited to both family living and income-generating use.The interiors have been recently updated, offering a clean, modern feel, complemented by a lounge and dining area that opens onto an outdoor patio and pool. The property enjoys expansive mountain views, including views towards the Stellenbosch mountain range.Current Income:Net rental: R65,000 per monthFully managed, hands-off setupLease in place until 31 December 2026Investment Upside:There is a clear opportunity to scale the asset, with preliminary designs supporting the addition of 7 en suite rooms, potentially more than doubling current rental income, subject to municipal approvals. Further details are available on request.Projected net rental: R155,000 per monthAlternative Use:The property also offers flexibility for a family buyer:No title deed restrictions on building upwardsPotential to add a second storeyGarage conversion into a separate income-generating unit. Estimated R30,000 per month rental potentialHere you have a rare opportunity to secure a property that offers:Immediate, stable incomeClear expansion potentialFlexible end useStrong long-term positioning within a high-demand academic nodeYou are not choosing between a home and an investment.You are securing both.Contact Roland to secure your private viewing.Sole Mandate

What we know about this property

Each attribute shows where it came from and how sure we are. Model-derived attributes arrive as enrichment runs.

Portal facts

Land size

1 608 m²

Floor size

316 m²

Listing date

28 Apr 2026

Feature: Pool

yes

Property type

House

Feature: Alarm

yes

Feature: Patio

yes

Listing number

T5470962

Feature: Garden

yes

Rates and taxes

R 2 834

Feature: Lounges

1

Feature: Bedrooms

7

Feature: Bathrooms

5

Feature: Dining areas

1

Feature: Open parking

7

Feature: Pet friendly

yes

Feature: Security post

yes

Feature: Garage parking

1

Feature: Electric fencing

yes