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8 Bedroom House For Sale in Newlands

R3 800 000

Bedroom icon 8 8 2 650m2 1225m2
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8 Bedroom House For Sale in Newlands

Prime Investment Opportunity: Multi - Tenanted Property in Newlands

Bedroom icon 8 8 2 650m2 1225m2

8 Bedroom House For Sale in Newlands

Prime Investment Opportunity: Multi - Tenanted Property in Newlands

R3 800 000

Monthly Bond Payment: R

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Bond calculator

  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
8 Bedroom icon 8 2 1225m2

Features

  • Ensuite 8
  • Lounge 2
  • Dining Areas 1
  • Balcony
  • Pool
  • Access Gate
  • Paving
  • Garden

Description

Investment Opportunity: Multi-Tenanted Property in Newlands

This exceptional multi-tenanted property offers a prime investment opportunity in the heart of Newlands, conveniently located near Menlyn Mall, Menlyn Maine, and Times Square. Boasting eight spacious rooms, each with en-suite bathrooms, the property generates an impressive R40,000 per month in rental income, with each room renting for R5,000. 

Perfectly designed for a commune setup, this property offers comfortable living for tenants, enhanced by a swimming pool, a borehole, ample parking space, and a double garage for added convenience.

For investors looking for more than just rental income, the property also holds immense potential as a guest house or AirBnB. An application for re-zoning has already been submitted, paving the way for the property to be transformed into a guest house, allowing you to tap into the growing demand for short-term stays in this bustling area.

Whether you’re a seasoned investor or looking to enter the property market, this unique opportunity combines steady rental income with future growth potential. Don’t miss out on owning this prime real estate in a sought-after location.

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 1,450

Property Details

Web Ref RXBC-26310
Property Type House
Building Size 650m2
Erf Size 1225m2
Bedrooms 8
Bathrooms 8
Garage 2

Contact Agent

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Fran La Reservee

Candidate Property Practitioner

RE/MAX Jowic (Wierda Park)

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Caroline Sidell

RE/MAX Jowic (Wierda Park)

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Enquiry about property Ref:RXBC-26310

R3 800 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Fran La Reservee

Candidate Property Practitioner

RE/MAX Jowic (Wierda Park)

Agent profile picture

Caroline Sidell

RE/MAX Jowic (Wierda Park)

MessageCall me back Whatsapp
Book a viewing

Contact Fran La Reservee

Agent profile picture

Fran La Reservee

Candidate Property Practitioner


RE/MAX Jowic (Wierda Park)

Show number

Show number

Enquiry about property Ref:RXBC-26310