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Saldanha Central, Saldanha Central, Saldanha, Western Cape
R 1 900 000
Positioned in the heart of Saldanha’s bustling commercial area, this versatile property offers a rare combination of immediate rental income and future development potential—all on a single erf. Current Accommodation: The property includes three self-contained apartments, each designed for comfortable, low-maintenance living: Apartment 1: A spacious 2-bedroom unit featuring an open-plan lounge and kitchen, along with a bathroom fitted with a shower, basin, and toilet. Apartment 2: A well-sized 1-bedroom unit with an open-plan living and kitchen area, plus a bathroom with a shower, basin, and toilet. Apartment 3: Another 1-bedroom unit mirroring the second, offering an open-plan layout and private bathroom facilities. Why This Property Stands Out: Immediate Rental Returns: All three units are ready to generate income from day one, making it an ideal addition to any property portfolio. Development Potential: The groundwork has already been laid for six additional apartments, with approved plans in place—allowing you to expand without the delays and costs of starting from scratch. Central Location: Within easy walking distance of local businesses, shops, and key transport routes, ensuring strong and consistent tenant demand. Efficient Investment Model: The multi-unit setup helps reduce vacancy risk while maximizing the use of the available space. Who Should Consider This Property: Whether you’re an investor seeking steady monthly income, a developer aiming to fast-track a larger residential project, or a buyer looking to live on-site while earning rental income, this property offers exceptional flexibility and value. A viewing is highly recommended to fully appreciate the layout and future potential. Get in touch today to arrange your private viewing.
Estimated monthly repayment
R 17 942
on a R 1 710 000 bond over 20 years at 11.25%
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Saldanha Central, Saldanha Central, Saldanha, Western Cape
Fair-value check
Fairly pricedIn line with comparable 4-bed houses for sale in Saldanha Central
Based on 26 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Elmarie Erasmus
Unclaimed listing — claim it to verify
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