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Bellville South, Bellville South, Bellville, Western Cape
R 3 500 000
This expansive and versatile property presents a rare opportunity for investors, developers, or owner-operators seeking a substantial accommodation facility in a highly accessible and sought-after location. Positioned close to major transport routes and within easy reach of the University of the Western Cape (UWC) and several other tertiary institutions, the property enjoys strong appeal for accommodation-related uses and future investment potential. The main residence has been thoughtfully configured to accommodate multiple occupants and comprises 14 generously sized bedrooms, providing ample living space for residents. A dedicated study hall offers a practical communal area conducive to learning, collaboration, or administrative use, while the well-appointed kitchen serves the accommodation wing efficiently. Additional functional spaces include a laundry room and four bathrooms, equipped with a total of four toilets and showers, ensuring convenience and comfort for occupants. Adding further value to the property is a fully self-contained two-bedroom granny flat, ideal for extended family living, on-site management, guest accommodation, or additional rental income. The granny flat features an inviting open-plan lounge and kitchen area, creating a spacious and comfortable living environment, complemented by a full bathroom. The property's layout and scale make it particularly attractive for a variety of accommodation-related uses, subject to the necessary approvals and municipal requirements. Its proximity to educational institutions and public transport hubs enhances its appeal, creating strong demand from students, working professionals, and tenants seeking convenient access to surrounding amenities. Offering substantial accommodation capacity, excellent accessibility, and significant future potential, this is an exceptional opportunity to acquire a property with multiple income-generating possibilities in an established educational corridor. Close to public transport routes Conveniently located near UWC and other tertiary institutions Significant accommodation and investment potential Currently utilized as student accommodation Student accommodation zoning not yet in place and subject to approval
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Bellville South, Bellville South, Bellville, Western Cape
Listed by
Zinhle Ramaphosa
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