Reduced

4 Bedroom house for sale in Newholme, Pietermaritzburg

R1,390,000
  1. 4
  2. 1.5
  3. 4
  4. Web Ref: 1335989

Property Features

ERF Size 649 m²
Rates R1,400 per month

Interior Features

4 Bedrooms
1 Dining Room
1.5 Bathroom
1 Lounge

Exterior Features

4 Garages

4 Bedroom House in Newholmes

Discover a high-yield investment opportunity in a prime location just minutes from shops, schools, taxi routes, and Northdale TVET College – making this property ideal for student accommodation and multi-tenant rental income.

The main house offers 4 well-sized bedrooms, 1 bathroom, and a separate toilet, with excellent potential to add an extra bathroom to increase rental returns. The spacious private lounge and dining area provide flexible communal living space for tenants, while the neat kitchen with built-in cupboards ensures practical storage and functionality.

Set on flat, easily manageable land, the property also includes an outbuilding currently generating rental income, offering immediate cash flow with scope for further development or conversion into additional student units (subject to approvals).

Contact the agent

Njabulo Gule
Principal Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

35 Blackburrow Rd, Hayfields

Bond repayment calculator

Ready to sell?

Our goal is to sell your property at the right price and in the shortest possible time.

Related Properties

3 Bedroom house for sale in Raisethorpe, Pietermaritzburg

Discover refined comfort and exceptional potential in this spacious three-bedroom residence, perfectly positio…

4 Bedroom house for sale in Orient Heights, Pietermaritzburg

A well-maintained family home awaits its new owners in the heart of Orient Heights, situated in a safe, well-e…

3 Bedroom house for sale in Lincoln Meade, Pietermaritzburg

This exceptional 3-bedroom, 2-bathroom freestanding family home seamlessly blends contemporary design with eve…