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New Park, New Park, Kimberley, Northern Cape
R 10 500 000
This exceptional 10-bedroom property is a prime investment opportunity, strategically located near all essential amenities. Each bedroom is designed for comfort and convenience, featuring a TV, bar fridge, Wi-Fi connectivity, and a private en-suite bathroom. The property is currently leased to professional individuals, ensuring a steady income stream. For communal living, the property offers two fully equipped kitchens, each boasting built-in cupboards, a hob, an under-counter oven, and a scullery. Entertaining is a breeze with a built-in braai area, perfect for social gatherings. What sets this property apart is its business zoning (Zone 4d), offering flexible usage options. In addition to the long-term tenants, two rooms are currently operating as a BnB, generating consistent monthly revenue. With its modern design and strategic location, this property also holds immense potential for conversion into student accommodation, making it a versatile and lucrative investment.
Estimated monthly repayment
R 99 155
on a R 9 450 000 bond over 20 years at 11.25%
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New Park, New Park, Kimberley, Northern Cape
Area view — the exact address is shared on enquiry.
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