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R879,000

9 bedroom house for sale in Wallacedene

9 Beds
5 Baths
2 Garages
121m²
Income-generating Property With 8 Tenanted Flatlets – Wallacedene, Kraaifontein

Investment Property For Sale 1 Bedroom with 8 Flatlets in Wallacedene, Kraaifontein

Great income-generating opportunity! This property features a 1-bedroom main unit with tiled floors, ceiling, built-in cupboards, and a toilet.

Included are 8 spacious flatlets, each in very good condition with their own showers and toilets. All units are tenanted, generating a monthly Net Operating Income of R18,000.

Property Features:

1-bedroom main unit

8 flatlets, all tenanted

Each flat with own bathroom

Geyser and 24/7 CCTV cameras

Secure yard with closed gates

Paved yard with parking for 2 vehicles

Close to:

Kraaifontein Mall

Cape Gate Mall

Police Station

Primary and High Schools

Perfect for investors looking for immediate returns. Preferably cash buyers only.

Property Type
House
Bedrooms
9
Bathrooms
5
Stand Size
121m²
Garages
2
Available From
02 Jul 2025
Reference
2397111
Bathroom
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Property history
Listed for sale at R900,000
02 Jul 2025
Price reduced by 2.3% to R879,000
21 Oct 2025
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