High-yield investment in sought-after Noycedale — five self-contained rental units across two stands, each with garage, carport and private yard; already tenanted: one 3-bed/2-bath and four 4-bed units.
Situated in the sought-after area of Noycedale, this prime income-generating property offers five well-maintained rental units across two spacious stands. Each unit is designed with privacy and practicality in mind, featuring its own garage, carport, and private yard – ideal for tenants seeking space and independence.
The layout includes one spacious 3-bedroom, 2-bathroom unit, perfect for a family, while the remaining four units each offer 4 generously sized bedrooms with a full bathroom – a rare find in rental investments.
This property is a true gem for any investor looking to expand their portfolio with an already tenanted and income-producing asset. With ample parking, secure yards, and a sought-after location close to schools, shops, and main routes, this opportunity is not to be missed.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,200,000
Price reduced by 0.0% to R2,199,000
Price increased by 45.5% to R3,199,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 66 listings in Nigel (town)
Insight
Priced above the median for similar properties in the area. Floor size is 166% 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
66 similar listings
High similar-home inventory town-wide (Nigel)
Median time on market: 98 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
Noycedale is a quiet, established residential suburb in Nigel that offers a peaceful, family-oriented lifestyle with convenient access to essential local services and major regional transport routes.
* Distances and amenities are approximate.