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Quay 1 International Realty

House · For SaleRef RL838

Investment Opportunity in Newlands

R 10 500 000

Newlands, Cape Town

Key facts

Type
House
Bedrooms
8
Bathrooms
4.5
Garages
4
Carports
4
Land size
771 m²
This 8-bedroom property in the heart of Newlands presents a rare opportunity for savvy investors seeking strong, reliable returns. Currently operating as a fully functional student digs, the home is well-configured to maximise rental income while offering comfortable, practical living spaces for tenants. The property features two well-appointed kitchens, allowing for ease of shared living, along with a spacious lounge and dining area that creates a communal environment. Outdoors, a swimming pool adds to the appeal, providing a great space for relaxation and socialising. There are 8 bedrooms and 4.5 bathrooms. The main bedroom has a large en suite bathroom and dressing room. Additional highlights include four off-street parkings, a massive garage for four cars as well as two storerooms, offering ample space for storage or further potential use, as well as dedicated staff accommodation. Ideally located in a highly sought-after and convenient pocket of Newlands, the property is within close proximity to major universities, transport routes, and essential amenities—making it consistently attractive to student tenants. Importantly, the property is being sold with an existing lease in place until 31 December 2026, ensuring immediate rental income and peace of mind for the new owner. A solid, income-generating investment in a prime location—this is an opportunity not to be missed.

Features

  • pool
  • pets allowed

Good to know

What is the asking price?+

This house is on the market at R 10 500 000.

How many bedrooms and bathrooms does it have?+

It has 8 bedrooms and 4.5 bathrooms.

Is there parking?+

Yes - 8 parking bays, including 4 garages.

How big is it?+

The land size is 771 m².

Is it pet-friendly?+

Yes - pets are allowed.

Where is it located?+

It's in Newlands, Cape Town.

Bond repayment

Estimated monthly repayment

R 102 410

On a R 9 450 000 bond over 20 years at 11.75%.

Transfer costs

Purchase price
R 10 500 000
Transfer duty (SARS)
R 932 356
Transfer & conveyancing (est.)
R 92 250

Estimated once-off costs

R 1 024 606

Indicative only - bond registration costs excluded; your conveyancer confirms final figures.

Jambo Home Loans

Pre-qualified before you offer

Quay 1 partners with Jambo Home Loans. Get a bond pre-approval or speak to a consultant - they compare offers across the major banks on your behalf.

Call 087 474 0483

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