- 5
- 3
- 499.0 m2
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Property description
An exceptional opportunity awaits to acquire a versatile, high-yield property situated in the sought-after hub of Oakdale, Bellville. This unique "hybrid" investment perfectly balances residential comfort with significant commercial upside, positioned in an established Neighbourhood known for its stability and consistent demand. The property's strategic location offers high visibility and seamless access to major transport routes, schools, and business hubs, making it an attractive prospect for both long-term tenants and professional practitioners.
The estate features a charming three-bedroom main residence characterised by warm wooden flooring and light-filled interiors. While the functional kitchen offers excellent potential for modern upgrades, the home is move-in ready for owner-occupiers or tenants. Distinguishing this property from standard residential offerings is its dual-income infrastructure, comprising two independent, self-contained granny flats. These units are ideal for immediate long-term rentals or high-turnover Airbnb-style accommodation, tapping into the robust rental market driven by nearby employment nodes.
Beyond the residential dwellings, the property includes a large storage structure currently suitable for a workshop or small business base, with the footprint to be converted into further rental space. While the property currently lacks a traditional garage, it compensates with expansive secure parking for approximately eight vehicles, protected by electric fencing and a steel security gate.
This venture presents excellent potential for capital growth and redevelopment. Under current residential zoning, the property already functions as a multi-let powerhouse; however, there is strong potential for business rezoning (subject to approval). Such a transition would unlock uses ranging from medical and legal consulting rooms to creative studios or a live-work environment. Whether for a savvy investor looking for immediate cash flow or an entrepreneur seeking a high-visibility flagship office, this property offers a rare combination of scarcity and scale.
Key Features
- 3-Bedroom Main Residence with original wooden floors
- Two Independent Granny Flats for immediate dual-income streams
- Prime Oakdale Location with high visibility and easy access
- Large Versatile Workshop/Storage with conversion potential
- Secure On-Site Parking for ±8 vehicles
- Strong Development Upside with potential for business rezoning
- Enhanced Security featuring electric fencing and steel gates
- Proximity to Business Hubs ensures consistent rental demand
Contact me to arrange a viewing
Property Details
- 5 Bedrooms
- 3 Bathrooms
- 1 Lounges
Property Features
- Storage
- Furnished
- Aircon
- Pets Allowed
- Alarm
- Built In Braai
- Fire Place
- Pantry
- Paving
- Family TV Room
Video
| Bedrooms | 5 |
| Bathrooms | 3 |
| Erf Size | 499.0 m2 |
Contact the Agent
Andrew Petersen
Candidate Property Practitioner