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Arborpark, Arborpark, Newcastle, KwaZulu-Natal
R 1 952 000
This versatile property, located in the prime Arbor Park area—close to the N11, the casino, and Newcastle CBD—offers a fantastic multi-use opportunity. Currently, one portion operates as a bustling beauty salon with professional makeup services, while the other section is a fully equipped hairdressing studio. The open-plan layout includes a welcoming reception, a kitchen, and three bathrooms—two en-suites. In addition, there are four one-bedroom flats on the property: Two flats: 2 bedrooms, 1 bathroom, currently renting at R4,000 each Two flats: 1 bedroom, 1 bathroom, currently renting at R3,200 each All flats are prepaid, gas geysers, ensuring convenient management. Additional features include a borehole for water supply, ensuring a reliable source from the municipality. This property is perfect for a live-work setup or an investor seeking a prime income-generating asset. Contact us today to schedule a viewing!
Estimated monthly repayment
R 18 433
on a R 1 756 800 bond over 20 years at 11.25%
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Arborpark, Arborpark, Newcastle, KwaZulu-Natal
Listed by
Kagiso Mokgatle
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