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.
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
