Property Description:
Presenting an exceptional commercially zoned investment property in the heart of Newcastle Central. This property features 10 well-maintained residential units, offering a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments — most of which are already tenanted, ensuring a steady rental income from day one.
Set on a generous 2,330 m2 stand, the property offers ample parking space and room for further development or upgrades. Its prime location places it within close proximity to both private and provincial hospitals, Newcastle SAPS, and several schools, while being just a short walk from the CBD — making it convenient and highly desirable for tenants.
With its strategic zoning, solid tenant base, and strong location appeal, this property is truly an investor’s dream, offering excellent potential for high returns and long-term growth in one of Newcastle’s most sought-after areas.
