R2,995,000
$164,198
£126,895
€152,221

7 bedroom house for sale in Newton Park

2 Mc Adam
7 Beds
4 Baths
325m²
1,372m²
Prime Business Opportunity – Versatile Property In A Prime Location

Unlock the potential of this strategically located property, currently operating as student accommodation and in the process of securing Business 1 zoning. This sought-after classification allows for a wide range of commercial opportunities, making it a blank canvas for entrepreneurs, developers, or investors looking to maximize its potential. Bordering on Langenhoven Drive, Newton Park.

Property Features:

Main Property (325 sqm)

  • 7 Bedrooms (3 double, 4 single)
  • 4 Showers
  • Open-plan kitchen & lounge
  • Basement storage

Additional Accommodation

  • 2-Bedroom flatlet
  • Full flatlet with an open-plan lounge, dining, and kitchen

Expansive Grounds (1,372 sqm)

  • Ample parking space
  • Carport for 4 vehicles

Key Highlights:

Business 1 Zoning in Progress – Unlock various commercial possibilities

Prime Location – High visibility and excellent accessibility

Versatile Use – Ideal for offices, retail, medical suites, student accommodation, or mixed-use development

High Investment Potential – Immediate income-generating opportunities with a projected rental income of R48,500 per month

Whether you’re looking to expand your business, develop a high-yield commercial property, or capitalize on the demand for flexible workspaces, this property offers unmatched potential.

Contact us today to explore this exceptional investment opportunity!

Property Type
House
Bedrooms
7
Bathrooms
4
Stand Size
1,372m²
Building Size
325m²
Living Area
1
Covered Parking
4
Rates & Taxes
R1,772
Flatlet
Yes
Covered Parking
Yes
Garden
Yes
Reference
2362903
Address
2 Mc Adam
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.
R32,686
Home loan repayment
R30,914
Rates and taxes
R1,772
Utilities
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R0
Property history
Listed for sale at R2,995,000
24 Feb 2025
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