Business-Zoned Mixed-Use Investment Property in Newlands with Strong Rental income & Upside
📍 Business-Zoned Mixed-Use Investment Property in Newlands with Strong Rental Income & Upside
Located in Newlands, in close proximity to Bassa Hardware, this property enjoys excellent accessibility and strong surrounding commercial activity, making it a highly attractive income-generating investment opportunity.
Zoned for business use, the property is ideally positioned for investors seeking a mixed-use asset with long-term growth potential and rental upside.
💰 Income-Generating Property
This fully tenanted property consists of:
4 retail shops
1 one-bedroom apartment
3-bedroom main house
💡 Current rental income: ±R26,500 per month
💡 Existing rentals are below market value, offering immediate potential for rental optimisation and increased returns.
📈 Projected Income After Rental Adjustment
Based on conservative market-related estimates:
Retail shops: ±R6,000 – R7,000 each
One-bedroom apartment: ±R5,500 – R6,500
Main house: ±R8,000 – R10,000
💡 Estimated potential rental income: ±R37,500 – R44,500 per month
➡️ This represents a realistic and achievable increase, significantly improving overall return on investment.
🏡 Residential Features
Main Residence:
2-bedroom home with a flexible layout
Separate dining room that can be converted into a third bedroom, home office, or additional rental space
2 bedrooms with en-suite bathrooms
Air-conditioning installed
One-Bedroom Apartment:
En-suite bathroom
Open-plan kitchen and living area
Air-conditioned
Separate water sub-meter
📊 Investment & Expansion Potential
Plans in place for further extension
Opportunity to further increase rental yield
Positioned in a growing commercial node with strong demand
🔥 Key Highlights
Business zoning = long-term capital growth
Multiple income streams = reduced risk
Under-market rentals = immediate value-add opportunity
High-visibility location near Bassa Hardware = strong tenant demand
A strategic opportunity to acquire a well-located, income-producing property in Newlands with strong upside potential and scalable returns.
Located in Newlands, in close proximity to Bassa Hardware, this property enjoys excellent accessibility and strong surrounding commercial activity, making it a highly attractive income-generating investment opportunity.
Zoned for business use, the property is ideally positioned for investors seeking a mixed-use asset with long-term growth potential and rental upside.
💰 Income-Generating Property
This fully tenanted property consists of:
4 retail shops
1 one-bedroom apartment
3-bedroom main house
💡 Current rental income: ±R26,500 per month
💡 Existing rentals are below market value, offering immediate potential for rental optimisation and increased returns.
📈 Projected Income After Rental Adjustment
Based on conservative market-related estimates:
Retail shops: ±R6,000 – R7,000 each
One-bedroom apartment: ±R5,500 – R6,500
Main house: ±R8,000 – R10,000
💡 Estimated potential rental income: ±R37,500 – R44,500 per month
➡️ This represents a realistic and achievable increase, significantly improving overall return on investment.
🏡 Residential Features
Main Residence:
2-bedroom home with a flexible layout
Separate dining room that can be converted into a third bedroom, home office, or additional rental space
2 bedrooms with en-suite bathrooms
Air-conditioning installed
One-Bedroom Apartment:
En-suite bathroom
Open-plan kitchen and living area
Air-conditioned
Separate water sub-meter
📊 Investment & Expansion Potential
Plans in place for further extension
Opportunity to further increase rental yield
Positioned in a growing commercial node with strong demand
🔥 Key Highlights
Business zoning = long-term capital growth
Multiple income streams = reduced risk
Under-market rentals = immediate value-add opportunity
High-visibility location near Bassa Hardware = strong tenant demand
A strategic opportunity to acquire a well-located, income-producing property in Newlands with strong upside potential and scalable returns.
Monthly Levy
R1
Monthly Rates
R3,500
Total
R3,501
Features
Zoning
Interior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Prime Property website is accurate and up to date, Prime Property makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
