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Residential Property With Income Units for Sale in Oakdale, Bellville

Property Details & Features

Location Overview – Oakdale, Bellville

Contact Agent for This Residential Property With Income Units

Bedrooms, Bathrooms & Parking

Price & Payment Options

Nearby Schools, Amenities & Transport

Similar Residential Property With Income Unitss for Sale in Oakdale

Dual-Income Investment Property with 2 Granny Flats, 8x Parkings & Business Potential - Oakdale

Listing number: ZP32

  • Residential + Income UnitsResidential + Income Units
  • Bedrooms3
    Bathrooms1.5
    Floor Size171
R 3 250 000,00/ Original listed price (OLP)
R 3 250 000,00/ Current advertised price (CAP)
Open MandateActive Listing

Dual-Income Investment Property with 2 Granny Flats, 8x Parkings & Business Potential - Oakdale

🌿🏛️ INVESTOR PROPERTY BROCHURE

💰 Asking Price: R3,250,000

✨ A Rare Hybrid Investment Opportunity

Where character meets cash flow…

and residential comfort meets commercial potential.

This unique Oakdale property offers not just a home—but a multi-stream income asset with zoning upside, positioned in one of Bellville’s established and accessible suburbs.

🏡 Property Overview

3-bedroom main residence

1 bathroom (bath + shower combination)

Warm wooden flooring throughout

Light-filled, open internal flow

Average-condition kitchen (upgrade potential)

No garage, but ample secure parking for ±8 vehicles

Large outdoor garden space

🏘️ Income-Generating Infrastructure

💼 2 Independent Granny Flats

Separate living units

Ideal for long-term rental income or Airbnb-style use

Strong demand in Bellville rental market

📦 Large Storage Structure

Versatile use: workshop / storage / conversion space

Ideal for small business operations or additional rental adaptation

🔐 Security Features

Solid steel security gate

Electric fencing

Established residential neighbourhood with stable surrounding occupancy

🌿 Location Advantage

Situated in Oakdale, Bellville

High-access, high-visibility street

Close to transport routes, schools, and commercial nodes

Strong rental demand area due to proximity to employment hubs

💼 Zoning & Development Potential

Current zoning: Residential

Strong potential for business zoning application (subject to approval)

Potential future uses:

Professional offices (consulting, medical, legal)

Dual residential + office hybrid use

Multi-let investment property

Creative studio / boutique business premises

👉 This flexibility significantly enhances long-term asset value.

💰 Investment Highlights

🌟 Immediate Income Potential

2 granny flats = dual rental income streams

Main house can be owner-occupied or further rented

🌟 Capital Growth Upside

Underutilised land + structures

Business zoning potential increases long-term value ceiling

🌟 Scarcity Factor

Few properties in Oakdale offer:

Dual flatlets

High parking capacity

Business conversion potential

⚖️ Market Positioning Insight

Comparable properties in Oakdale typically transact between:

R1.9m – R2.6m (depending on condition and extras)

This property is positioned at:

💰 R3,250,000 asking price

This reflects:

Dual-income configuration

Large-scale parking advantage

Storage + utility infrastructure

Zoning flexibility potential

Heritage character appeal

🧭 Investor Logic (Why This Works)

This is not a single-income home.

It is a layered asset:

Live in one section

Rent two additional units

Convert storage into income or business use

Apply zoning uplift for long-term appreciation

👉 The value is not just in what it is…

but in what it can become under structured use.

🌊 Buyer Profile This Property Attracts

Property investors seeking multi-let returns

Small business owners needing live/workspace

Medical or consulting practitioners

Long-term hold investors

Buyers seeking future rezoning upside


Property Overview

  • Property Type : Residential
  • Building Type : Residential + Income Units
  • Property Status : For Sell
  • Year Built : 1966
  • Erf Size : 496 m²
  • Floor Size : 171 m² approximate
  • Special Condition : Voetstoots
  • Bedrooms : 3
  • Bathrooms : 1.5
  • Open Parkings : 6
  • Fireplaces : 1
  • Lounges : 1

Location Details

  • Address : Oakdale, Cape Town
  • Province : Western Cape
  • Region : Cape Town
  • Area : Bellville
  • Suburb : Oakdale

Interior Features
Air Conditioning
Built-In Cupboards
Entrance Hall
Fireplace
Flooring - Wood
Flooring - Tile
Storage
Study
Geyser - Electric
Furnished- Partially
Granny Flats (2)
1 Granny Flat:1 Bed1 BathParking
1 Granny Flat:1 BathParking
Kitchen
Counter - Other

Exterior Features
Built-In Braai
Fenced- Fully
Garden
Guest Parking
Pet-Friendly

Outdoor Features
Private

Property Potential
Business Rights
Income Potential
Investment
Commercial Opportunity

Security Features
Electric Fencing
Fenced - Fully
Access Gate

Energy Efficiency
Municipal Water Backup

Construction Details

Architecture StyleHistorical
Roof StyleOther, Asbestos
Zoning TypeGeneral Residential
Basement DescriptionNone

Commission & Taxes

Commission TypePercentage (%)
Buyer Agent Referral Fee20 %
Rates and TaxesR 1 800 per month