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2 Piet Orlam Street, Velddrif, Velddrif, Western Cape
R 2 995 000
Exclusive to Pam Golding Properties! This unique property is perfectly positioned on a spacious corner plot in the heart of Velddrif, offering exceptional versatility and potential. Featuring three housing units, this is an ideal opportunity for extended family living, rental income, or a combination of both. The property boasts a total of 5 bedrooms and 5 bathrooms, along with 2 living rooms and 2 kitchens, providing ample space for everyone. The property is walled, with burglar bars and security gates, ensuring peace of mind. The grounds are neatly finished with paving around the houses and offer plenty of off-street parking space for multiple vehicles. Enjoy the charm of a large guava tree and abundant outdoor space, perfect for creating and designing your dream garden. Conveniently located within walking distance to all essential amenities, this property combines location, space, and potential. While it may need a little TLC, this is your chance to transform it into the perfect coastal dream home or investment property. This property offers excellent rental income potential, currently generating approximately R25,000 per month from three separate units. Two of the units each feature two bedrooms, two bathrooms, a kitchenette, and a lounge. The third unit consists of one bedroom, one bathroom, a lounge, and a kitchen. Ideally positioned with strong commercial potential, the property is well suited for office use or continued residential letting. It is conveniently located less than 300 meters from the new shopping mall on Velddrif’s main road. Don’t miss out on this incredible opportunity – contact us today to arrange a viewing!
Estimated monthly repayment
R 28 283
on a R 2 695 500 bond over 20 years at 11.25%
Estimate only — actual rates depend on your credit profile + bank approval. Consult a bond originator for a formal quote.
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2 Piet Orlam Street, Velddrif, Velddrif, Western Cape
Area view — the exact address is shared on enquiry.
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