Back

11 Bedroom House For Sale in Newcastle

Newcastle
R 2050000
RunningCosts Bond
Costs
Property Type House
Erf Size 1467 m2
Levies R 0
Listing Date July 04, 2024
Floor Size NA
Rates and Taxes R 1747
Details
Map
Street view
Local info

Property description

Unlock the potential of this prime investment property, perfectly positioned in Central Newcastle. Offering six income-generating flats on one property, this is an ideal addition to any investor’s portfolio.
The units include three spacious 2-bedroom flats, two bachelor units, and one large 3-bedroom flat, collectively offering a potential rental income of approximately R20 000 per month. With a location just minutes away from both the provincial and private hospitals, as well as shops, schools, and other key amenities, high tenant demand is assured.
Whether you’re expanding your property portfolio or stepping into the world of rental investments, this well-situated property offers both stability and growth potential.
Price includes commission.
Call today for a viewing!

Request property details from Allied Real Estate

Terms of use
Type of enquiry
Phone Agent
Message Agent