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Flamingo Vlei, Flamingo Vlei, Blouberg, Western Cape
R 8 695 000
JOINT MANDATE Unlock the door to a powerful income property in one of West Coast’s most sought-after suburbs. This versatile 3 bedroom house with 7 other units is an investment in the heart of Flamingo Vlei delivers strong monthly returns, endless flexibility, and the potential to grow your portfolio while earning from day one. Each unit is self-contained and stylishly laid out, offering a mix of spacious apartments and compact lock-up-and-go options ... perfect for attracting a broad tenant base and ensuring consistent occupancy all year round. The main dwelling, positioned on the upper level, gives the new owner the option to live in style while the remaining units work for you. Financial Highlights: • Gross Monthly Income: ± R75,000 • Monthly Expenses: ± R15,000 • Projected Income Growth: R80,000+ p/m by early 2026 • Strong Net Yield with room for further uplift Why You’ll Love It: • 8 fully independent units, all with secure on-site parking • Ideal for passive income seekers or owner-occupiers wanting to live and earn • Situated in a prime pocket of Flamingo Vlei, close to shops, schools, Table Bay Mall & public transport • Low-maintenance design and high tenant demand ensure stability and growth Opportunities like this are incredibly rare — a ready-made investment offering immediate returns, long-term capital growth, and the freedom to design your own income strategy Call me today and Let’s Talk !!!
Estimated monthly repayment
R 82 110
on a R 7 825 500 bond over 20 years at 11.25%
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Flamingo Vlei, Flamingo Vlei, Blouberg, Western Cape
Approximate location — the pin is centred on the suburb. The landlord will share the exact address on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Tumi Kruger
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