20 Bedroom House For Sale in Newlands

R4,400,000

Monthly Bond Repayment R45,416.29
Calculated over 20 years at 11% with no deposit.

Web Ref No RL40736

Calling All Investors!

20 Bedroom commune which is currently fully tenanted with 6 shared bathrooms. Communal lounge and open plan kitchen with gas hob and oven. Plenty of parking for all tenants. Separate laundry with washing machine and tumble dryer. All bedrooms equipped with beds and built-in cupboards. Beautiful manicured garden. Good security with alarms and electric gate with keypad.
Zoning in place for guest house.
Good investment monthly high return income.
Walking distance to Menlyn Maine & Menlyn Mall.
Set in the eastern suburbs of Pretoria, Newlands lies just on the other side of the N1 from Waterkloof Ridge, neighbour to Garsfontein, Faerie Glen and Constantia Park. It is a pretty little suburb with wide, leafy streets, close to large shopping malls like Menlyn Park Shopping Centre. This older, more established part of Pretoria is very accessible.