The sale attracts VAT, and therefore no transfer duty is applicable.
If structured as a going concern, the transaction may be zero-rated for VAT, further enhancing the benefit to the purchaser.
• R14,950,000 (excluding VAT)
• R17,192,500 (including VAT)
• VAT component: R2,242,500
A full cinematic feature video*** is included in the listing, along with conceptual renders that illustrate the property’s potential for expansion, subject to council approval. These are intended to offer a creative sense of what could be achieved, and to help you visualise the next phase of this asset.***
Welcome to Rondebosch Upper, one of Cape Town’s most academically anchored suburbs, positioned between the city, mountain, and coast.
From the property, you are within close proximity to the area’s leading institutions. The University of Cape Town is approximately 400m away, while top schools such as Rondebosch Boys' High School (±1.5 km), Diocesan “Bishops” College (±1.8 km), Rustenburg Girls' High School (±2 km), Westerford High School (±2.5 km), and St Joseph’s Marist College (±3 km) are all within minutes.
Lifestyle amenities including Kirstenbosch National Botanical Garden, Baxter Theatre Centre, and Cavendish Square are also within easy reach.
Architecturally, Rondebosch Upper is defined by classic homes set on generous plots with mature gardens, many of which have been thoughtfully modernised while retaining their original character.
The Property:
Set within a quiet cul-de-sac, the home is currently configured as a 7-bedroom residence, with 3 en suite bedrooms and 2 shared bathrooms, suited to both family living and income-generating use.
The interiors have been recently updated, offering a clean, modern feel, complemented by a lounge and dining area that opens onto an outdoor patio and pool. The property enjoys expansive mountain views, including views towards the Stellenbosch mountain range.
Current Income:
• Net rental: ± R65,000 per month
• Fully managed, hands-off setup
• Lease in place until 31 December 2026
Investment Upside:
There is a clear opportunity to scale the asset, with preliminary designs supporting the addition of 7 en suite rooms, potentially more than doubling current rental income, subject to municipal approvals. Further details are available on request.
• Projected net rental: ± R155,000 per month
Alternative Use:
The property also offers flexibility for a family buyer:
• No title deed restrictions on building upwards
• Potential to add a second storey
• Garage conversion into a separate income-generating unit. Estimated ± R30,000 per month rental potential
Here you have a rare opportunity to secure a property that offers:
• Immediate, stable income
• Clear expansion potential
• Flexible end use
• Strong long-term positioning within a high-demand academic node
You are not choosing between a home and an investment.
You are securing both.
Contact Roland to secure your private viewing.
Sole Mandate***