Secure dependable rental income in a family-friendly neighborhood near schools and transport; expansive yard for development. Nine bedrooms, five bathrooms across the main house and four flatlets.
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.
Listed for sale at R2,597,000
Compared with 144 active listings in Midrand.
Insight
Priced 77% below the local median — and below the typical range for Midrand.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
144 listings
Similar homes town-wide
176 days
Median time on market
Many similar homes
Active across Midrand
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
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.
