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Middelburg South, Middelburg South, Middelburg, Mpumalanga
R 2 230 000
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.
Estimated monthly repayment
R 21 059
on a R 2 007 000 bond over 20 years at 11.25%
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Middelburg South, Middelburg South, Middelburg, Mpumalanga
Fair-value check
Priced highPriced 55% above comparable 3-bed houses for sale in Middelburg South
Based on 18 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Sarah Kruger
Unclaimed listing — claim it to verify
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