Character Home with Rental Potential in Walmer Estate

Ref # 2396323
R3,200,000
Property Details
4 Beds
3 Baths
169m²
349m²

This solid 3 bedroom 2 bathroom home in Walmer Estate stands out with its bold façade and loads of character. All bedrooms are located upstairs with a main lounge and a second flexible living area, perfect as a reading spot, home office or coffee nook. The kitchen is functional with built-in cupboards and ready for your personal touch.

Downstairs, a well laid out separate flatlet offers excellent potential for rental income, extended family use or as dedicated accommodation for students.

Given Walmer Estate’s proximity to the city, universities and language schools, this property also presents a compelling opportunity to offer student housing, particularly for the growing number of Saudi students coming to Cape Town to study English. The layout is ideal for shared living and the area is known for being safe, accessible and community driven.

While the interior could use a refresh and the exterior also needs some attention, the home has good bones, generous space and a strong foundation for transformation. It is positioned in the heart of Walmer Estate, a tightly held and well located suburb on the slopes of Table Mountain, just minutes from the city, Woodstock and major transport routes.

Known for its close knit community, heritage charm and sweeping views across the bay, Walmer Estate continues to attract buyers looking for value and long term potential close to Cape Town’s urban core.

City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.

Property Features
Property Type
House
Bedrooms
4
Bathrooms
3
Floor Size
169m²
Erf Size
349m²
Living Area
4
Costs and Terms
Rates & Taxes
±R1,235.02
Moving costs
Additional Information
Grade
C4
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