House · For SaleRef 7254010
Prime Lakeside Property with Dual-Living Potential
R 5 995 000
Lakeside, Cape Town
Key facts
- Type
- House
- Bedrooms
- 5
- Bathrooms
- 3
- Carports
- 2
- Land size
- 769 m²
Sole & Exclusive Listing!
Situated at 5 Orchard Avenue in the sought-after suburb of Lakeside, this property represents a rare opportunity at R6,000,000. Set on a generous 769 sqm erf, the home offers five spacious bedrooms and three bathrooms, with the main house already subdivided to allow for separate entrances. This clever layout creates the perfect setup for dual-living, extended family arrangements, or income-generating opportunities such as long-term rentals or short-term holiday accommodation.
The property provides buyers with flexibility to reimagine and tailor the space to suit their needs. With solid foundations already in place, new owners can choose to modernize the interiors, expand on existing structures, or develop further to maximize the plot’s potential. The sizeable grounds leave ample room for landscaped gardens, outdoor entertainment spaces, or even the addition of a pool to enhance lifestyle appeal.
Beyond the property itself, the location makes this offering truly special. Lakeside is prized for its tranquil setting at the base of the mountains, with easy access to beaches, popular hiking routes, and a selection of charming cafés and restaurants. Residents enjoy the perfect balance between a relaxed coastal lifestyle and urban convenience, with nearby schools, shopping centres, and transport routes ensuring seamless connectivity to Cape Town’s Southern Suburbs and the City Bowl.
Whether purchased as a family residence, an investment with rental income streams, or a redevelopment project, this property offers unmatched versatility in one of the most desirable pockets of Lakeside.
Erf Size: +- 769 sqm
Rates : +-R1 710.00/month
Asking Price: R6 000 000.00
Features
- pets allowed
Good to know
What is the asking price?+
This house is on the market at R 5 995 000.
How many bedrooms and bathrooms does it have?+
It has 5 bedrooms and 3 bathrooms.
Is there parking?+
Yes - 2 parking bays.
How big is it?+
The land size is 769 m².
Is it pet-friendly?+
Yes - pets are allowed.
Where is it located?+
It's in Lakeside, Cape Town.
Bond repayment
Estimated monthly repayment
R 58 471
On a R 5 395 500 bond over 20 years at 11.75%.
Transfer costs
- Purchase price
- R 5 995 000
- Transfer duty (SARS)
- R 436 806
- Transfer & conveyancing (est.)
- R 69 250
Estimated once-off costs
R 506 056
Indicative only - bond registration costs excluded; your conveyancer confirms final figures.
Pre-qualified before you offer
Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.
Call 087 474 0483
