Mountain views, generous space, and income from day one.

Ref # 2478846
R2,899,000
Property Details
2 Beds
2.5 Baths
2 Open Parkings
76m²
69m²

Exclusive Sole Mandate | Wallett and Finch Properties

Asking R 2 899 000.00

Tucked away in the quiet and sought-after Chester Close in Lakeside, this generously proportioned 2.5 bedroom, 2.5 bathroom townhouse offers a rare combination of lifestyle appeal and strong investment potential.

Currently configured as two separate living units, the property is tenanted and generating an excellent combined rental income of over R22,000 per month. The existing tenants have the option to extend their leases for a further six months with the new owner, as mandated by the seller—making this an attractive turnkey investment opportunity with immediate returns.

The home’s spacious layout also provides flexibility for future owners. It can easily be reconverted into a conventional single residence, restoring its full 2.5-bedroom family-home configuration, or retained in its current format to continue benefiting from the strong rental yield.

Additional highlights include:

-Generous interior proportions with versatile living spaces

-Ample outdoor space, ideal for relaxing or entertaining

-Situated in a quiet, well-positioned complex

-Outstanding mountain views, offering a beautiful natural backdrop

Whether you’re looking for a solid income-producing property or a spacious home in a peaceful Lakeside setting, this townhouse presents a compelling opportunity.

A versatile property with excellent returns and future flexibility.

Property Features
Property Type
Townhouse
Bedrooms
2
Bathrooms
2.5
Open Parking
2
Floor Size
76m²
Land Size
69m²
Living Area
1
Costs and Terms
Rates & Taxes
±R550
Levy
±R1,222
Additional Information
Grade
C3
Bathroom
External full bathroom with a lovely tub
Share this Property
Make an enquiry
Interested in this property? Please fill in your details below, and we will contact you as soon as possible.
By clicking on "submit" you agree to our privacy policy.