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High-Yield Investment – R2,600,000, Richmond Estate, Goodwood, Western Cape
R 2 600 000
Maximize your portfolio with this highly versatile, secure dual-income property. Positioned centrally near the main road with quick access to N1 City Mall, this plot offers an ideal setup for investors or extended families looking to renovate and add instant value. Immediate Cash Flow & Tenant Flexibility Both units are currently occupied by reliable tenants eager to extend their stay. Lease terms include a 60-day notice period, giving you the flexibility to move in or renovate at your convenience. Spacious 4-Bedroom Main House (TLC Needed) Living Spaces: Generous family living room and separate dining room for easy entertaining. Kitchen: Well-appointed, functional kitchen with ample workspace. Bedrooms: Four exceptionally large bedrooms providing comfort for the whole family. Bathroom: Fully equipped family bathroom. Separate 2-Bedroom Apartment Completely independent dual-bedroom flatlet and ideal for generating high rental yield or housing extended family. Value-Add Features & Highlights Both units feature individual prepaid electricity meters for stress-free utility management. Massive backyard offering a blank canvas for a swimming pool, entertainment lapa, or future structural expansion. Exceptionally secure perimeter providing complete peace of mind. Unbeatable central position close to the main road for effortless commuting. Secure open bay parking inside the property gates to accommodate multiple vehicles. #renovatordream #flip #investor #investment #highyield
Estimated monthly repayment
R 24 553
on a R 2 340 000 bond over 20 years at 11.25%
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High-Yield Investment – R2,600,000, Richmond Estate, Goodwood, Western Cape
Fair-value check
Priced highPriced 9% above comparable 3-bed houses for sale in Richmond Estate
Based on 8 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Peter Letsoalo
Promnestria Properties
Unclaimed listing — claim it to verify
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