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Wallacedene, Wallacedene, Kraaifontein, Western Cape
R 700 000
Main House Features: • 3 Spacious Bedrooms • 2 Modern Bathrooms (with showers) • Open-Plan Kitchen with Built-In Cupboards • Lounge and Dining Area Rental Flats: • 5 Self-Contained Flats • Each Unit Includes: o Private Entrance o Own Toilet and Shower • Excellent Rental Income Potential • Currently Occupied / Ready for Tenants Additional Features: • Separate Entrance for Tenants • Rooftop Area – Perfect for Entertainment or Future Development • Secure Property with Ample Access Location Benefits: • Situated on a Main Road – Easy Access & Visibility • Close to: o Schools o Shopping Centre o Hospitals o Parks • High Tenant Demand Area This spacious investment property is ideally located on the main road, offering high visibility and easy access to essential amenities. It features a well-maintained 3-bedroom main house with two modern bathrooms that include showers. The open-plan kitchen comes fitted with built-in cupboards and connects seamlessly to the lounge and dining area, creating a comfortable and functional living space. In addition to the main house, the property includes five self-contained flats, each with its own private entrance, toilet, and shower. These flats are ideal for rental purposes and provide an excellent opportunity for consistent rental income. With the growing demand for rental units in the area, this setup is perfect for investors seeking a reliable return. A rooftop area adds extra value to the property and can be used for entertainment or further development. The entire property has a separate entrance for the flats, ensuring privacy and convenience for both the main house residents and tenants. The location is a major highlight, being close to schools, shopping centres, hospitals, and parks. This makes it attractive not only for tenants but also for families looking for a centrally located home. With strong rental potential and a prime position, this property is a great opportunity for serious investors or large families looking to generate additional income.
Estimated monthly repayment
R 6 610
on a R 630 000 bond over 20 years at 11.25%
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Wallacedene, Wallacedene, Kraaifontein, Western Cape
Area view — the exact address is shared on enquiry.
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