Commercial property for sale in Somerset West Central

Description

Sole Mandate. Situated in sought-after Smuts Street, Somerset West, within close proximity to De Hoop Primary School, this is a rare opportunity to acquire an entire residential block in one of the town's established rental locations. Offered as a single investment, the property comprises 12 apartments with an excellent rental history and strong long-term investment potential. Each apartment offers 2 bedrooms, 1 full bathroom, open-plan kitchen, living area and one shaded parking bay. The complex also provides 5 visitor parking bays, secure access control and well-maintained communal areas. The property is positioned on a 1,480 m² erf, with a total building size of approximately 750 m². Apartment sizes range from 58 m² to 65 m², making them highly desirable for professionals, young families and long-term tenants. Ideally located, the complex enjoys easy... Sole Mandate. Situated in sought-after Smuts Street, Somerset West, within close proximity to De Hoop Primary School, this is a rare opportunity to acquire an entire residential block in one of the town's established rental locations. Offered as a single investment, the property comprises 12 apartments with an excellent rental history and strong long-term investment potential. Each apartment offers 2 bedrooms, 1 full bathroom, open-plan kitchen, living area and one shaded parking bay. The complex also provides 5 visitor parking bays, secure access control and well-maintained communal areas. The property is positioned on a 1,480 m² erf, with a total building size of approximately 750 m². Apartment sizes range from 58 m² to 65 m², making them highly desirable for professionals, young families and long-term tenants. Ideally located, the complex enjoys easy access to shopping centres, schools, major routes and amenities Somerset West has to offer. Income & Expenses schedule provides investors with a clear overview of the property's current financial performance, making this an exceptional opportunity for private investors, property funds or companies seeking a quality residential asset. Property Highlights • Whole residential block comprising 12 apartments • Asking Price: R19 300 000 • 12 × Two-bedroom apartments • 5 × Visitor parking bays • Unit sizes from 58 m² to 65 m² • Erf size: 1,480 m² • Total building area: ±750 m² • Excellent location in Smuts Street, Somerset West • Near De Hoop Primary School • Within the City of Cape Town Municipality • Income and expense schedule available to qualified purchasers A seldom-available opportunity to acquire an entire residential investment block in one of Somerset West's most established and consistently sought-after rental areas. Read full description + window.loader.addCallback((renderComponent) => renderComponent({"name":"ReadMore","props":"#-184217689","type":"c"}));

What we know about this property

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Portal facts

Erf Size

1 480 m²

Floor Size

750 m²

Listing Date

13 July 2026

Listing Number

117405434

Type of Property

Commercial Property