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2 Colley Street, Pioneer Park, Newcastle, KwaZulu-Natal
R 960 000
Spacious Apartment in a Secure Complex We are excited to present this beautifully renovated apartment, boasting generous living space and elegant porcelain tiles throughout. This well-maintained residence is not only aesthetically pleasing but also offers a comfortable and inviting atmosphere for potential buyers. The apartment is situated within a safe and secure complex that features 24-hour security, ensuring peace of mind for its residents. Currently operating as a successful Airbnb, this property generates impressive monthly earnings of R34,000, making it an excellent investment opportunity for those looking to enter the short-term rental market or expand their existing portfolio. The apartment's prime location is a significant advantage, as it is conveniently positioned near a variety of restaurants, shopping malls, and established accommodation businesses, attracting both tourists and locals alike. We kindly request that estate agents refrain from contacting us for listing purposes. This is a unique opportunity for individual buyers who appreciate the value of a well-located, high-earning property. If you are interested in viewing this exceptional apartment or have any inquiries, please feel free to reach out directly. We look forward to hearing from you!
Estimated monthly repayment
R 9 066
on a R 864 000 bond over 20 years at 11.25%
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2 Colley Street, Pioneer Park, Newcastle, KwaZulu-Natal
Fair-value check
Priced highPriced 34% above comparable 2-bed apartments for sale in Pioneer Park
Based on 19 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Noluthando Reddy
Unclaimed listing — claim it to verify
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