R 1 550 000

A rare dual-dwelling opportunity in a sought-after section of Pelican Park, Cape Town — ideal for the savvy investor or first-time buyer looking to offset bond repayments with rental income. Two fully independent homes sit on a single erf, each offering 2 bedrooms with built-in cupboards, 1 bathroom, and an open-plan kitchen and lounge layout.

The main house (Number 9) presents a neat plastered and painted grey façade with tiled roof, security gate, and burglar-bar windows. A second freestanding dwelling to the rear mirrors the same layout and finish. Both units are currently tenanted at R7,500 per month each, delivering a combined rental income of R15,000 per month.

A long covered carport — fitted with timber beams and a corrugated roof — spans the width of the property and can comfortably accommodate up to four vehicles. The rear courtyard is enclosed by precast concrete walling, providing a secure and private outdoor area with a washing line.

The property is well situated in Pelican Park, with Sid G. Rule Primary School approximately 123 m away, Michaels Park a short stroll at roughly 130 m, and the Eighth Avenue Shopping Centre and Victoria Mall both within 500–620 m. Engen Grassy Park Service Station is within 300 m.