Versatile, investment-ready living on one of Newlands' largest stands, set on a quiet street near UJ and shops. Features 13 income-producing rooms plus three-bedroom, one-bath and garage.
This exceptional property features one of the largest residential stands available in Newlands, presenting a unique investment opportunity with strong income potential.
Located on a quiet street, the spacious main house includes three bedrooms, with the master bedroom boasting built-in cupboards. One of the rooms has cozy carpeting for added warmth during winter. The rest of the house is tiled. The home offers one full bathroom, a large kitchen complete with lots of cupboard space and a nook, and a generous family room ideal for comfortable living.
At the rear of the property, there are 13 additional rooms currently generating an income of approximately R23,000 to R25,000 per month. The property also includes a double carport and a secure lock-up garage. and an automated Gate.
Surrounded by a well-maintained garden, this home is conveniently central and situated close to schools, shopping centers and malls, major roads with taxi and bus routes, and within a 5 km radius of the University of Johannesburg. It is just 15 minutes from Braamfontein and the Johannesburg CBD, and 15 to 20 minutes from Roodepoort CBD.
For viewings and further information, please contact me directly.
Listed for sale at R1,050,000
How does this home’s price compare with similar properties?
Price comparison based on 6 similar-sized 3-bed homes.
Insight
Priced 6% above the local median - but still inside the typical range in Newlands.
Compared with 6 similar active listings in Newlands.
It is higher per m² than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Newlands in Randburg is a quiet, well-established residential suburb that offers a peaceful suburban lifestyle with convenient access to major commercial hubs and essential amenities.
