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Bellville Central, Bellville Central, Bellville, Western Cape
R 3 500 000
For Sale – Fantastic Investment Property in Bellville Prime Investment Opportunity – Ideal for Future Student Accommodation This spacious property in Bellville presents an excellent investment opportunity, particularly given its close proximity to UWC and several other tertiary institutions. The property is currently being used as student accommodation, although it has not yet been rezoned for student accommodation. It offers significant potential for investors seeking rental income or future development opportunities. Main House Features: 14 Bedrooms 1 Study Hall Spacious Kitchen Laundry Room 4 Bathrooms 4 Toilets and Showers Granny Flat: 2 Bedrooms Open-plan Lounge and Kitchen Full Bathroom Additional Highlights: Excellent location close to public transport Near UWC and other colleges Strong potential for student accommodation (subject to the necessary approvals) Large accommodation capacity Attractive investment potential Availability: The property is currently occupied, and the owner is in the process of completing the eviction of the current tenant. The sale will proceed with the understanding that transfer and occupation will take place once the eviction process has been finalized.
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Bellville Central, Bellville Central, Bellville, Western Cape
Area view — the exact address is shared on enquiry.
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