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R 3 800 000
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8 Bedroom House for Sale in Newlands

Newlands, Pretoria
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  • Bedrooms 8
  • Bathrooms 8
  • Garages 2
  • Erf Size 1 225 m²
    • m²: 1 225 m²
    • Hectares: 0.123 ha
    • Acres: 0.303 acres
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Fran La Reservee

Prime Investment Opportunity: Multi - Tenanted Property in Newlands

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...

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.

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Bedrooms Bedrooms: 8
Bathrooms Bathrooms: 8
Garages Garages: 2
No Pets Allowed No Pets Allowed
Pool Pool
Garden Garden
Borehole, Water Tank Borehole, Water Tank
Listing number: P24-114895895, Image number: 1
Listing number: P24-114895895, Image number: 2
Listing number: P24-114895895, Image number: 3
Listing number: P24-114895895, Image number: 4
Listing number: P24-114895895, Image number: 5
Listing number: P24-114895895, Image number: 6
Listing number: P24-114895895, Image number: 7
Listing number: P24-114895895, Image number: 8
Listing number: P24-114895895, Image number: 9
Property Overview
Listing Number
114895895
Type of Property
House
Description
Freestanding
Listing Date
06 September 2024
Erf Size
1 225 m²
Floor Size
650 m²
Rates and Taxes
R 1 450
Pets Allowed
No
Bedrooms
8
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bedroom 7
Bedroom 8
Bathrooms
8
Kitchen
Lounges
2
Lounge 1
Lounge 2
Dining Room
Entrance Hall
Garage
2
Garage 1
Garage 2
Garden
Yes
Pool
Yes
Backup Water
Borehole
Water Tank
Backup Water
Yes
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Bond Calculator

R
R
%
years
Monthly Repayment:
Total Once-off Costs:
Min Gross Monthly Income:
View Breakdown
What do I qualify for based on my income?
What are the bond and transfer costs?
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.
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Contact Agents

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By continuing I understand and agree with
Property24's Terms & Conditions and Privacy Policy.

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