Earn steady rental income in sought-after Noordwyk with flexible multi-tenant living — four self-contained apartments plus main house, 12 beds, 5 baths, ample parking.
This is a rare investment opportunity in the highly sought after area of Noordwyk, perfect for investors looking to generate steady rental income through apartment leasing.
The property offers excelent varsatility and income potential, featuring four separate apartment units. Each unit is designed for comfortable living, with a well equipped kitchen that includes well ample cupboards storage, an open plan lounge area, a bathroom fitted with shower or a bathtub and two spacious bedrooms. Additionally two of the units are bachelor apartments, ideal for single tenants or young professionals increasing rental demand and flexibility.
The main house on the property adds more value, boasting a fully fitted kitchen with generous storage space, three well sized bedrooms, and a bathroom with a bathtub. The home also includes an open plan lounge and dinning area, creating a warm and inviting living space suitable for a family or an additional rental opportunity.
Each unit has its water meter and electricity pre paid box.
The property is complemented by ample parking space, comfortably accomodating multiple vehicles for tenants and visitors.
Situated in a desirable high demand location, this property is perfectly positioned for consistent rental returns and long-term investment growth. Wether you are expanding your property portfolio or entering the rental market, this is an opportunity not to be missed.
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* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,600,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 804 listings in Midrand (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 83% below the median. Floor size is 1463% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Market depth
804 similar listings
High similar-home inventory town-wide (Midrand)
Median time on market: 144 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Noordwyk is a centrally located, family-oriented residential suburb in Midrand that offers convenient access to major business hubs, modern housing estates, and essential urban amenities.
* Distances and amenities are approximate.