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1010 Edward Street, Chatsworth, Malmesbury, Western Cape
R 2 325 000
Description **Two Large Homes on One Plot – Excellent Family Home & Investment Opportunity** Situated in Chatsworth, Malmesbury, Western Cape, with easy access to the N7 and surrounding Cape Town suburbs, this unique property offers two separate homes on one plot, ideal for extended families or buyers seeking rental income, with stunning surrounding views. House 1 – Double-Storey Family Home * 4 spacious bedrooms * 2 en-suite bathrooms + 1 family bathroom * Open-plan kitchen, dining & living area * Breathtaking mountain views from the lounge * Modern finishes * Spacious pantry * Downstairs entertainment area with a 5th spare room with toilet & basin. * Double garage * 2 Jetmaster fireplaces * Air-conditioned lounge * Alarm system * JoJo tank & garden sprinkler system * Large garden with outdoor fire pit * Established lemon, pear, apple & peach trees Currently on the market for rental at R15,950 per month. Have previously achieved rental income of R16 950 per month. House 2 – Separate Home * 2 bedrooms * Bathroom with Jacuzzi bath * Extra-large 176 m² garage (Perfect for storage or to be turned into a 3rd house) * Lounge with fireplace & air conditioning * Built-in braai entertainment room * Alarm system Currently rented through Seeff Agent for R8,950 per month (below market value). Estimated rental value: R10,500 per month. Current lease expires at the end of November 2026 * Full approved building plans included. An excellent opportunity to own a spacious 990SQM property with **two independent homes**, offering immediate rental income and strong future earning potential.
Estimated monthly repayment
R 21 956
on a R 2 092 500 bond over 20 years at 11.25%
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1010 Edward Street, Chatsworth, Malmesbury, Western Cape
Listed by
Ayanda Zulu
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