5 Bedroom House in Palm Park

42 tecoma street, Palm Park, Cape Town

5 bed · 2 bath · 165 m² erf

Description

HIGH-RETURN INVESTMENT OPPORTUNITY 3 INCOME UNITSSerious investors only.This 5-bedroom property is already structured into 3 separate rental units, designed for immediate income generation once completed.Income Layout:2 Two-Bedroom Units Open-plan kitchen & living area1 One-Bedroom Unit Private bathroomThree separate entrances three rental streams.Value-Add OpportunityThe property is incomplete, but most of the finishing materials are already on site, including:New interior doors rooms & bathroomsToilets and basins for all bathroomsThe heavy structure is done. Finish, rent, and cash flow.Rental ProjectionEstimated combined rental income: R9,000 per monthThats R108,000 per year in potential gross income once completed.Strong yield potential for the right buyer.This is not for first-time buyers.This is for investors who understand:Buying below market valueAdding finishing valueMaximising rental returnsIf youre looking for a cosmetic flip, this is not it.If youre looking for income-producing property with upside this is your opportunity.Enquire only if you are ready to move.

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.

Resilience

Backup Power Level
Nonefrom the listing text
Battery Backup
Nofrom the listing text · 98%
Borehole
Nofrom the listing text · 98%
Gas Hob
Nofrom the listing text · 98%
Generator
Nofrom the listing text · 98%
Grey Water
Nofrom the listing text · 98%
Heat Pump
Nofrom the listing text · 98%
Inverter
Nofrom the listing text · 98%
Solar Geyser
Nofrom the listing text · 98%
Solar panels
Nofrom the listing text · 98%
Water Tank
Nofrom the listing text · 98%

Security

Alarm Beams
Nofrom the listing text · 98%
Armed Response
Nofrom the listing text · 98%
Boomed Area
Nofrom the listing text · 96%
Burglar Bars
Nofrom the listing text · 97%
CCTV
Nofrom the listing text · 98%
Electric Fence
Nofrom the listing text · 98%
Guard 24h
Nofrom the listing text · 98%
Security Estate
Nofrom the listing text · 96%

Market

Days on market
204 daysfrom our price history
Price change since listed
0.0%from our price history
Times relisted
0from our price history
Under Offer
Nofrom our price history

Comfort

Air Conditioning
Nofrom the listing text · 97%
Double Glazing
Nofrom the listing text · 98%
Fireplace
Nofrom the listing text · 98%
High Ceilings
Nofrom the listing text · 98%
North Facing
Nofrom the listing text · 98%
Quiet Street
Nofrom the listing text · 98%
Underfloor Heating
Nofrom the listing text · 98%
View Type
Nonefrom the listing text
Wind Protected
Nofrom the listing text · 98%

Layout

Flatlet
Yesfrom the listing text · 71%
Furnished
Nofrom the listing text · 96%
Home Office
Nofrom the listing text · 97%
Lift Access
Nofrom the listing text · 97%
Open Plan
Yesfrom the listing text · 94%
Penthouse
Nofrom the listing text · 98%
Scullery
Nofrom the listing text · 97%
Single Level
Nofrom the listing text · 94%
Staff Accommodation
Nofrom the listing text · 96%
Walk In Closet
Nofrom the listing text · 98%
Wheelchair Access
Nofrom the listing text · 98%

Outdoor

Balcony
Nofrom the listing text · 97%
Boat Caravan Parking
Nofrom the listing text · 98%
Borehole Irrigation
Nofrom the listing text · 98%
Braai Area
Nofrom the listing text · 98%
Covered Patio
Nofrom the listing text · 97%
Established Trees
Nofrom the listing text · 98%
Garage Type
Nonefrom the listing text
Garden Size
Nonefrom the listing text · 87%
Pet Friendly
Yesfrom the listing text · 95%
Pool Type
Nonefrom the listing text

Condition

Needs Tlc
Yesfrom the listing text · 94%
Renovation Status
Fixer Upperfrom the listing text · 84%

Architecture

Double Storey
Nofrom the listing text · 77%
Original Features
Nofrom the listing text · 98%
Thatched Roof
Nofrom the listing text · 98%

Tenure Rules

Exclusive Use Area
Nofrom the listing text · 97%
No transfer duty
Nofrom the listing text · 98%
Retirement Scheme
Nofrom the listing text · 98%
Short Let Allowed
Nofrom the listing text · 97%
Special Levy Mentioned
Nofrom the listing text · 96%
Tenure
Sectional Titlefrom the listing text · 99%
Utilities Included
Nofrom the listing text · 97%

Connectivity

Fibre
Nofrom the listing text · 98%

Commercial

Auction
Nofrom the listing text · 98%
Bank Assisted
Nofrom the listing text · 96%
Off Plan
Nofrom the listing text · 85%
Owner Relocating
Nofrom the listing text · 98%
Price Reduced
Nofrom our price history
Priced To Sell
Nofrom the listing text · 75%

Portal facts

Levies
R 105
Land size
165 m²
Listing date
4 Mar 2026
Property type
House
Listing number
T5411646
Rates and taxes
R 160
Feature: Kitchen
yes
Feature: Bedrooms
5
Feature: Bathrooms
2
Feature: Pet friendly
yes