Secure steady rental income and flexible living with nine bedrooms and five bathrooms in a tenant-friendly neighbourhood near reputable schools and transport, featuring four flatlets and a huge yard.
This versatile property offers an exceptional opportunity for investors seeking strong rental returns and long-term growth. The stand features a freestanding main house along with four income-generating flatlets, all fitted with pre-paid electricity to ensure ease of management and cost control.
Ideally located near reputable schools and providing effortless access to major roads and public transport, the property is perfectly positioned to attract and retain reliable tenants. Demand in this area remains consistently strong.
Property Highlights:
Main House:
Flatlets:
All units are currently tenanted, providing immediate rental income and solid month-to-month cash flow. While the property may require some general maintenance due to ongoing tenancy, it presents an excellent foundation for value-adding improvements and increased returns.
Expansive Yard:
A large stand offers significant potential for further development, extensions, parking upgrades, or additional units — enhancing long-term investment value.
Don’t miss this rare opportunity to secure a multi-unit asset in a sought-after and tenant-friendly location. Perfect for seasoned investors or those looking to expand their property portfolio.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,597,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 147 listings in Midrand (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
147 similar listings
High similar-home inventory town-wide (Midrand)
Median time on market: 213 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.