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Turn-key income block in central Bellville, minutes from public transport. Sectionalized with prepaid meters per unit, parquet floors, tiled kitchens with granite and enclosed ground-floor patios.
Fully Tenanted Residential Block for Sale in Bellville
Sectionalized block in excellent condition with pre paid water and electricity meters for each unit. Income generating block with 8 x 1 Bedroom units ranging from 48-49m2 and 1 x Studio apartment. The ground floor units has enclosed patio`s. The zoning is SR1 and the sectionalization is a huge transfer duty saving with only transfer fee`s. There is no levies. Situated close to public transport. The units has lovely parquet flooring and tiled bathrooms and kitchens with granite finishing. Aluminium window frames, communal washing lines and electric fencing.
The annual income ( income and expense sheet is available upon request )
Net yield = ±11%
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R6,250,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 38 listings in Bellville (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 5% below the median. Floor size is 58% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
38 similar listings
Medium similar-home inventory town-wide (Bellville)
Median time on market: 99 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Oakdale in Bellville offers a family-friendly suburban environment with convenient access to essential amenities and the broader Cape Town area.
* Distances and amenities are approximate.
