An exceptional investment opportunity awaits with this multi-level mountainside property. Configured as three self-contained dwellings, each unit is already delivering consistent monthly rental income, offering immediate returns for the savvy investor. The flexible layout also allows it to function as a substantial family residence or be further developed to maximize yield.
With its proven income stream, versatile design, and sought-after location, this property represents a rare chance to secure both lifestyle and long-term financial growth. Beyond its financial appeal, the home provides a private, inspiring retreat — perfectly suited to creative individuals or anyone seeking tranquility away from the bustle of city life.
The main house on the top level, with feature rock face wall, offers large open plan living with kitchen, dining area, study, main bedroom and lounge with flow to a huge 40 sqm sunroom with floor to ceiling windows offering magnificent 180-degree sea and mountain views from False Bay to the Atlantic. You won't get better views anywhere in Clovelly.
This level leads to an upper landing to the second bedroom with stairs to a basement which could be used as a third bedroom as it has its own en suite full bathroom.
The intermediate and lower levels consist of a 2 income generating flats: the middle one, a large bedsitter and the lower, a 1-bedroom flat, both with private balconies offering beautiful views. Additional storage space is provided at ground level. These levels are entirely separate from the main house, but can easily be incorporated back into the main dwelling.
PLEASE NOTE: This property is only accessible from Mountain Road via a 200 metre pathway. There is NO garaging, on-street parking only! Documentation has been approved for the construction of a driveway, with an undertaking from the 2 neighbours in the vicinity, that they will share in the costing.