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West Bank, West Bank, Oudtshoorn, Western Cape
R 1 480 000
This property, situated on a 1,142 m² erf, comprises a 3-bedroom house with 3 additional rooms, which are currently used as classrooms. The entire house and garage have been converted into a Preschool Centre, accommodating up to 120 children. This facility provides an essential service to the community by offering education and care for children whose parents are working. This is not only an investment opportunity for the buyer, but also a valuable contribution to the local community. The property is fully enclosed and securely fenced, with the grounds equipped with children’s play equipment. We hope to find an investor who will purchase the property and lease it to the current tenant, who operates the school, providing the buyer with an opportunity for a potentially sustainable rental investment.
Estimated monthly repayment
R 13 976
on a R 1 332 000 bond over 20 years at 11.25%
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West Bank, West Bank, Oudtshoorn, Western Cape
Fair-value check
Fairly pricedIn line with comparable 3-bed houses for sale in West Bank
Based on 97 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Mpho Masilela
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