Looking for an investment property in Middelburg that already works for you from day one? This Res 3 zoned corner stand offers four independent, fully tenanted units under one title — with municipal approval potential to add even more. Whether you're growing a rental portfolio or securing your first income-generating property, this one ticks every box.
The property is accessed via three separate entrances, keeping each unit private and self-contained.
Flatlet 1 – A neat ground-floor unit offering 1 bedroom, lounge, bathroom and kitchen, with its own private yard space and a shaded carport behind a lockable gate.
Flatlet 2 – A double-storey 1-bedroom unit with lounge, kitchen and bathroom, also enjoying private yard space and a shaded carport behind a lockable gate. Flatlets 1 and 2 share access via one of the property's entrances.
Flatlet 3 – Entered via its own private entrance and garden, this spacious unit offers 2 bedrooms, 1 bathroom, a big lounge and dining room, and a kitchen, plus a double carport (in need of some attention).
The Home – With its own separate entrance, this 3-bedroom, 1-bathroom home features a big open-plan kitchen, lounge and dining area that flows out to its own private garden, plus a handy outside laundry room.
Every unit is individually metered with prepaid electricity, and all four are currently tenanted — generating a combined income of ±R20,000 per month. Add to that the future development potential this Res 3 zoning unlocks, and you're looking at a property with real room to grow.
Ideally located in Middelburg, close to Middelburg College, schools, shopping centres and other everyday amenities — an address that will keep this property in demand with tenants for years to come.
Contact us today to view this exceptional multi-income investment before it's gone.
Disclaimer | Whilst every care has been taken in the preparation of the marketing material used for this property listing, By Design cannot be held responsible for any errors and omissions (E&OE) which may occur.