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3 bedrooms, 2 bathrooms, 300 m² floor size, 957 m² land size, 4 covered parking spaces.
Prime property available on Victoria Road, ideal for developing retail shops or office spaces. This versatile location offers numerous possibilities for various uses. Although the house has sustained some damage, its structural integrity is strong. With some tender loving care, it presents an excellent investment opportunity, especially as business activity in the lower part of Victoria is thriving and decentralized commercial spaces are hard to come by.
The property is fully fenced, and the double garage at the rear is in good condition. This is a fantastic chance for entrepreneurs seeking a worthwhile investment. Don’t wait—reach out to us today to schedule a viewing!
Listed for sale at R2,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 76 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
Key differences
Affordability
R 19,633 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
76 similar listings
High similar-home inventory town-wide (Newcastle)
Median time on market: 165 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
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Pioneer Park is a well-established residential area in Newcastle offering a blend of suburban tranquility and convenient access to essential amenities, making it an attractive place to live.
* Distances and amenities are approximate.
