FindHomes
Western Cape
FindHomes
Western Cape
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R 6 999 999

Walmer Estate, Cape Town

4 222
402 m² land17 413 R/m²

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What's Special

Dual income-generating units
Period character features
Original hardwood floors
Redevelopment potential

Description

A rare Walmer Estate opportunity offering two semi-detached homes on a 402m² erf — ideal for generating rental income today, accommodating extended family, or exploring the potential to create your dream home.

Properties offering this level of versatility are not often available. With two existing semi-detached homes, four bedrooms, two bathrooms, two garages and two additional parking bays, this property gives you the flexibility to make the space work for your needs.

Whether you're an investor looking for two income-producing units, a family seeking separate accommodation, or a developer with a vision for a new home, this property presents an exciting opportunity in Walmer Estate.

PROPERTY FEATURES
• Two semi-detached homes on one erf
• 402m² erf
• Four bedrooms in total
• Two bathrooms, each with shower, toilet and basin
• Separate laundry room
• Two garages
• Two additional parking bays
• Two separate living units
• Potential to generate rental income from both homes
• Potential redevelopment opportunity, subject to the necessary approvals
• Ideal for investors, developers or owner-occupiers

INVEST, GENERATE INCOME OR BUILD YOUR VISION
The existing configuration makes it possible to generate income from two separate homes, while the size and position of the erf may also appeal to buyers considering a future redevelopment project.

For the visionary purchaser, this could be an opportunity to transform the property into a bespoke dream home, subject to zoning, municipal approvals and applicable development regulations.
For an investor, the two existing homes offer the potential to create dual rental income streams while retaining ownership of the underlying 402m² erf.

Located in Walmer Estate, with convenient access to the City Bowl, major transport routes, schools, shops and surrounding Cape Town suburbs.

Two homes. One erf. One exceptional opportunity to unlock the property's potential.

Contact Gafsa today to arrange a private viewing.

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Features

Modern Kitchen with Built-in Appliances
Spacious Master Suite
Covered Patio
Double Garage
Walk-in Closet
Home Office Space

Rooms

3 Bedrooms
2 Bathrooms
Kitchen
Lounge
Study

Price History

1 July '25

Reduced by R195,000

R1,000,000

-16.3%

4 June '25

Listed on FindHomes

R1,195,000

Location

Location map preview

Listed by

Greeff Christie's
714 listings on FindHomes
GD
Gafsa Dean
4 listings on FindHomes

Free account. You’ll also see the original listing.

Listed by
GD
Gafsa Dean
4 listings

Free account. Chat to Gafsa on WhatsApp and see the original listing.

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How it compares in Walmer Estate

Based on 16 live for-sale listings in this suburb.

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Rank it by price, price per m² and size against 16 listings in Walmer Estate.