7
5
Newcastle - MR705590
House in Newcastle, KZN - Midlands and Mainland, Kwa-Zulu Natal
R 3,225,000
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Key Features

Rooms

  • 7 Bedrooms
  • 5 Bathrooms

More Features

  • Property Type - House
  • Seller Type - Private Property

MyRoof Stats

  • 776 Views
PID=705590 DID=729619 SID=1

Prime Double-Story Investment Property with Expansion Potential
Key Features
• Large double-story house currently configured into 5 rental units
• Mix of 1-room and 2-room units
• Ideal for steady rental income
• Construction style: Half face brick, half plastered – durable and versatile
• Generous backyard offering space for tenant leisure or further development
• Adjacent vacant property included in the sale – perfect for expansion or new builds
• Flexible buyer appeal:
• Income-generating investment with existing tenants
• Development opportunity for scaling into a larger rental complex or mixed-use project
Investment Highlights
• Immediate cash flow from established rental units
• Expansion-ready with adjoining vacant land
• Strong rental demand in the area for affordable housing units
• Dual appeal: Secure income now, while unlocking future development potential
Ideal Buyer Profile
• Property investors seeking reliable rental returns
• Developers looking to expand and maximize property value
• Entrepreneurs interested in combining residential rentals with new ventures

Renovations are necessary to aesthetically improve and repair this property. The property itself is structurally sound as can be seen with the eye but needs maintenance renovations and painting.

Call to Action
Don’t miss this rare opportunity to secure a dual-purpose property – income today, growth tomorrow. Contact us to arrange a viewing and explore the full potential of this investment.


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