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Graceland, Graceland, Khayelitsha, Western Cape
R 650 000
This well-located three-bedroom, one-bathroom home is situated in the established area of Graceland, Khayelitsha, within the Cape Town municipality. The property offers practical family living on an erf measuring approximately 184 m², with a building extent of about 60 m². The home, which is approximately 35 years old, is in average condition and provides comfortable accommodation suitable for a growing family or as an investment opportunity. The zoning of Single Residential 2 (SR2) allows for incremental housing, making it ideal for buyers looking to extend or improve the property over time. Conveniently located close to local amenities, schools, and transport routes, this property offers excellent value for money in a well-established residential neighbourhood. This is an ideal opportunity for first-time buyers or investors seeking an affordable home with future potential in a sought-after section of Khayelitsha.
Estimated monthly repayment
R 6 138
on a R 585 000 bond over 20 years at 11.25%
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Graceland, Graceland, Khayelitsha, Western Cape
Fair-value check
Good valuePriced 31% below comparable 3-bed houses for sale in Graceland
Based on 16 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sibongile Mgwebi
Real Estate Services
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