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R5,300,000

10 bedroom house for sale in New Park

10 Beds
10 Baths
1,006m²
Investor’s Dream: Modern 10-bedroom Property With Business Zoning

This exceptional 10-bedroom property is a prime investment opportunity, strategically located near all essential amenities. Each bedroom is designed for comfort and convenience, featuring a TV, bar fridge, Wi-Fi connectivity, and a private en-suite bathroom. The property is currently leased to professional individuals, ensuring a steady income stream.

For communal living, the property offers two fully equipped kitchens, each boasting built-in cupboards, a hob, an under-counter oven, and a scullery. Entertaining is a breeze with a built-in braai area, perfect for social gatherings.

What sets this property apart is its business zoning (Zone 4d), offering flexible usage options. In addition to the long-term tenants, two rooms are currently operating as a BnB, generating consistent monthly revenue. With its modern design and strategic location, this property also holds immense potential for conversion into student accommodation, making it a versatile and lucrative investment.

Property Type
House
Bedrooms
10
Bathrooms
10
Stand Size
1,006m²
Covered Parking
10
Reference
7002001-75177
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R54,705
Home loan repayment
R54,705
Utilities
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R0
Property history
Listed for sale at R5,300,000
12 Dec 2024
Get to know Kimberley
Kimberley has become synonymous with “big hole” and it is still the main tourist attraction for this city. But Kimberely has so much more to offer than it’s “big hole” - the city has grown around its historic beginnings to become an important part of the industrial market of South Africa.
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