Live comfortably while earning immediate rental income on a generous corner stand in an established neighbourhood — four tenanted flatlets, spacious four-bedroom main house with three bathrooms, covered patio and boma.
This versatile corner property offers the perfect combination of a spacious family home and an excellent investment opportunity. With four fully tenanted flatlets already generating rental income, this property is ideal for buyers looking to live comfortably while earning additional income.
The main house features four well-sized bedrooms and three bathrooms. Two of the bedrooms have en-suite bathrooms, while the third bathroom is a full bathroom complete with a bath, shower, basin, and toilet.
The first bedroom includes built-in cupboards and an en-suite bathroom with a shower, basin, and toilet. The second and third bedrooms both offer built-in cupboards and ceiling fans. The main bedroom is spacious and tiled, featuring a sliding door, ceiling fan, a walk-in closet, and a private en-suite bathroom.
The home offers comfortable living areas including a living room fitted with an air conditioner, a dining room with a cozy fireplace, and a large open-plan kitchen with plenty of space for cooking and entertaining. Additional features include an entrance hall and a study, perfect for working from home.
Outside, the property offers excellent entertainment space with a covered patio and braai area, as well as a boma area in the corner of the yard for relaxed outdoor gatherings. There is also a courtyard and multiple carports for parking.
A major highlight of the property is the four separate flatlets, all currently rented out with contracts in place, providing immediate rental income.
The flatlets have their own entrance gate and dedicated carports, ensuring privacy and convenience for tenants.
Additional features include an alarm system and electric fencing (which may require minor TLC).
Situated on a spacious corner stand, this property is perfect for families looking for space while also benefiting from a ready-made rental income opportunity.
This is a rare opportunity to secure a home and investment in one.
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Listed for sale at R2,860,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 52 listings in Newcastle (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 28,075 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
52 similar listings
High similar-home inventory town-wide (Newcastle)
Median time on market: 140 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Aviary Hill offers a peaceful residential environment with convenient access to essential amenities and the broader Newcastle area, making it ideal for families and those seeking a quieter lifestyle.
* Distances and amenities are approximate.