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288 Old Cape Road, Pineview North, Grabouw, Grabouw, Western Cape
R 1 890 000
Grabouw is renowned as an apple and pear producing area in the Western Cape of South Africa. Grabouw has a huge shortage of affordable accommodation. This property consists of 4 units (2 duplexes and 2 flats) that are currently all tenanted, generating a combined income of R21 500 per month. This income covers almost all costs even if the property is fully financed by a bank. Main house: 1st Duplex - consisting of 3 bedrooms, a kitchen, lounge and full bathroom. One garage and an upstairs balcony. 2nd Duplex – consisting of 3 bedrooms, a fitted kitchen, lounge and a full bathroom. One garage and an upstairs balcony. Second building at the back of main house: Ground floor flat – consisting of one bedroom with built-in cupboards, a kitchen with built-in cupboards, a lounge, a bathroom with a toilette and a shower. One carport. 1st Floor flat – One bedroom with built-in cupboards and blinds, a kitchen with built-in cupboards and blinds. A lounge with blinds on one window, a bathroom with a bath and toilette. The property is situated in the middle of Pineview from where most of Grabouw’s labour force come from. Ideal for farm staff or pack-house workers. Please contact me for a viewing.
Estimated monthly repayment
R 17 848
on a R 1 701 000 bond over 20 years at 11.25%
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288 Old Cape Road, Pineview North, Grabouw, Grabouw, Western Cape
Area view — the exact address is shared on enquiry.
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
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