5 Bedroom House in Newlands West

Massive Investment Property in Sought-After Location

Sole Mandate

This impressive property is situated on the main road in a highly sought-after area, with public transport conveniently available right outside your door. Perfect for running a business, generating rental income, or enjoying as a spacious family home.

Property Features:

Large carport with parking for up to 5 vehicles.

Currently configured as a main home plus multiple flats, offering excellent income potential.

Ground Floor: Complete home with 3 bedrooms (fully tiled, built-in cupboards), fully fitted kitchen, separate lounge, separate dining room, and private parking.

Upper Level: Separate flat with open-plan lounge and glass doors leading to a balcony, fully fitted kitchen, 2.5 bedrooms (main with walk-in closet, all with built-in cupboards), and a full bathroom with separate toilet.

The property can also be used as one complete home, providing 5.5 bedrooms, 2 kitchens, 2 lounges, 1 dining room, and 2 bathrooms.

Investment Potential:

Currently generating over R12,000 per month in rental income (excluding utilities).

Ideal for owner-occupiers wanting additional income or pure investment buyers.

Loads of potential to expand or reconfigure.

A must-see property that ticks all the boxes for location, space, and income generation.