House for sale
Steady income opportunity in Central Newcastle, minutes from hospitals, shops and schools — six self-contained flats on a 1,467 m² site, ideal for investors.
Unlock the potential of this prime investment property, perfectly positioned in Central Newcastle. Offering six income-generating flats on one property, this is an ideal addition to any investor’s portfolio.
The units include three spacious 2-bedroom flats, two bachelor units, and one large 3-bedroom flat, collectively offering a potential rental income of approximately R20 000 per month. With a location just minutes away from both the provincial and private hospitals, as well as shops, schools, and other key amenities, high tenant demand is assured.
Whether you’re expanding your property portfolio or stepping into the world of rental investments, this well-situated property offers both stability and growth potential. With a little TLC this can become a prestige property.
Price includes commission.
Call today for a viewing!
Listed for sale at R2,354,000
Price reduced by 9.1% to R2,140,000
Price reduced by 4.2% to R2,050,000
Price reduced by 2.4% to R2,000,000
Wide price range across Newcastle
Prices vary widely across Newcastle, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Newcastle (R1.9M–R3.9M).
Market depth
20 similar homes
22 listings across Newcastle
312 days
Median time on market
Medium inventory
Active across Newcastle
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Newcastle Central serves as the bustling commercial and administrative heart of the town, offering residents convenient access to essential services, diverse retail options, and a vibrant urban lifestyle.
