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15 Nosibulele Street, Wallacedene, Kraaifontein, Western Cape
R 800 000
An excellent investment opportunity in Wallacedene, Kraaifontein, offering multiple rental units and the potential to generate income from one property. The property comprises a main house together with six rental units, making it well suited to an investor looking to expand an existing rental portfolio or enter the income-producing property market. In total, the property offers 7 bedrooms and 4 bathrooms. Two of the rental units feature private en-suite bathrooms, while the remaining units are serviced by conveniently positioned external bathroom facilities. The property is functional rather than newly renovated, and buyers should view it as an opportunity with room for further improvement and optimisation. With the right upgrades and ongoing maintenance, there is potential to enhance both the property's appeal and its rental offering over time. Security features include surveillance cameras and burglar gates, providing an added level of security for occupants. Situated in Bloekombos, Kraaifontein, the property is conveniently positioned for tenants needing access to public transport, local shops, schools and everyday amenities, while also offering access to surrounding Kraaifontein employment and commercial areas. Property Features - Main house plus 6 rental units - 7 bedrooms - 4 bathrooms - 2 units with private en-suite bathrooms - External bathroom facilities for the remaining units - Multiple rental-income opportunities - Surveillance cameras - Burglar gates - Eskom electricity supply - Erf size: approximately 121 m² - Convenient access to public transport - Close to local shops, schools and essential amenities - Located in Bloekombos, Kraaifontein For an investor focused on rental income and long-term potential, this property presents a practical opportunity to own several rentable spaces on one premises. Contact us today for further information or to arrange a private viewing.
Estimated monthly repayment
R 7 555
on a R 720 000 bond over 20 years at 11.25%
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15 Nosibulele Street, Wallacedene, Kraaifontein, Western Cape
Listed by
Francois Brown
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