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118 Waterval Road, Newlands, Johannesburg Central, Gauteng
R 1 350 000
9 Bedroom Investment Property for Sale in Newlands 9 Bedroom Investment Property for Sale in Newlands Potential Rental Income of R30,000 per MonthCalling all investors! This exceptional income-generating property in the heart of Newlands offers outstanding rental potential, with an estimated monthly income of approximately R30,000.The property comprises multiple dwellings, making it ideal for student accommodation or long-term rentals.Main House:3 spacious bedroomsLounge currently converted into an additional bedroomKitchenBathroomAdditional Units:2 x One-bedroom cottages, each with a lounge, kitchen, and bathroomOutside Accommodation:3 outside roomsShared kitchen and bathroom facilitiesConveniently located close to major amenities, the property is within easy reach of universities such as the University of Johannesburg, Cresta Shopping Centre, schools, public transport, and other essential amenities, making it highly attractive to tenants.Whether you''re looking to expand your investment portfolio or secure a property with excellent rental returns, this is an opportunity not to be missed.Book an appointment now to view! Show more Show less
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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118 Waterval Road, Newlands, Johannesburg Central, Gauteng
Listed by
Palesa Motaung
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