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Quay 1 International Realty
Sold

HouseRef RL838

Investment Opportunity in Newlands

R 10 500 000Last advertised price

Newlands, Cape Town

This property is no longer on the market — it was sold by Quay 1.

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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

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