Glencairn Heights - MR704743

House in Glencairn Heights, Capetown - Peninsula, Western Cape

R 6,500,000

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997m2
Glencairn Heights - MR704743
House in Glencairn Heights, Capetown - Peninsula, Western Cape
R 6,500,000
3 Bedroom House for Sale For Sale in Glencairn Heights - MR704743
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Key Features

Rooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Garage

More Features

  • Property Type - House
  • Seller Type - Private Property
  • Erf Size - 997m2
  • Price per square erf meter - R6,520 per m2

MyRoof Stats

  • 8 Views
PID=704743 DID=728772 SID=1

Multi-Level Coastal Home with Ocean Views & Income Potential
This unique multi-level home offers versatile living, panoramic Indian Ocean views, and excellent income-generating opportunities.
A separate self-contained bachelor flatlet on the lower level includes a shower, toilet, and basin—ideal for guests, extended family, long-term rental, or Airbnb.
Stairs from the flatlet lead to a pool and deck area with a small, inviting pool and breathtaking ocean views.
The main living level features open-plan living with:
Lounge (currently used as a gym)
Dining area
Modern kitchen
Glass doors from the kitchen open onto a private courtyard with vegetable boxes, while lounge sliding doors open on both sides, creating excellent indoor-outdoor flow for entertaining.
The first level of the main house offers:
A versatile lounge / TV room / office
An additional bedroom
The upper level comprises two en-suite bedrooms, including:
One with walk-through cupboards
The main bedroom, opening onto a private deck with spectacular sea views
Every level of the home has been designed to maximise ocean views while offering privacy and flexibility.
Additional Features & Income
Flatlet rental potential ± R10,000 per month or Airbnb
Internet mast on site, leased month-to-month to an ISP
Rental income: R3,750 per month
Includes 10 Mbps internet at no cost
New owner may continue, renegotiate, upgrade, or cancel
Current Tenancy
Main house and flatlet currently rented at R30,000 per month (combined)
Lease expires end June 2026
Rental discounted due to short-term lease
A rare opportunity to secure a stylish coastal home with strong income potential and exceptional sea views.


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