Prime Newlands Investor Opportunity
Web Ref.
CL248
Floor size
600.00 m²
Located on Dean Street’s main road in Newlands, this mixed-use property is a rare gem for investors.
Featuring three retail shops with long-term leases, the retail income is reliable and steady.
Above, you’ll find high-quality student accommodation — luxuriously finished and fully booked, with 100% occupancy.
No renovation needed: all municipal approvals are in place, and the building is in excellent condition.
The current owners have done an outstanding job maintaining a property that’s attractive to both residents and businesses.
Generating approximately R130,000 monthly, this asset could pay itself off in just 10 years.
Its prime location close to main colleges keeps demand for student accommodation high.
Whether you want to buy it as one unit or potentially divide and sell separately, this property offers a solid, low-maintenance income stream.
For detailed financials and investment insights, contact me — the numbers will convince you!
Featuring three retail shops with long-term leases, the retail income is reliable and steady.
Above, you’ll find high-quality student accommodation — luxuriously finished and fully booked, with 100% occupancy.
No renovation needed: all municipal approvals are in place, and the building is in excellent condition.
The current owners have done an outstanding job maintaining a property that’s attractive to both residents and businesses.
Generating approximately R130,000 monthly, this asset could pay itself off in just 10 years.
Its prime location close to main colleges keeps demand for student accommodation high.
Whether you want to buy it as one unit or potentially divide and sell separately, this property offers a solid, low-maintenance income stream.
For detailed financials and investment insights, contact me — the numbers will convince you!
Features
Zoning
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
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Disclaimer
While every effort will be made to ensure that the information contained within the Volschenk & Heyns website is accurate and up to date, Volschenk & Heyns makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
