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Earn rental income from day one in Hlalamnandi, Middelburg — close to schools and shops. Spacious yard offers extension potential; practical kitchen, sitting room, three bedrooms and one bath.
This income-generating property in Hlalamnandi, Middelburg, presents an excellent opportunity for investors or buyers looking to earn passive income from day one. The home offers three bedrooms, all currently occupied by tenants, generating an estimated rental income of R6,000 per month.
The property features a functional kitchen, a comfortable sitting room, a bathroom, and a separate toilet, providing practical living spaces for occupants. The spacious yard also offers great potential for future extensions or the development of additional rental rooms, adding even more value to the property.
Conveniently located close to schools, shopping centres, and other essential amenities, the property is positioned in an area with strong rental demand. This makes it an ideal investment for anyone looking to secure steady rental income while benefiting from future growth potential.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R795,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 62 listings in Middelburg (town)
Insight
Priced below the median for similar properties in the area.
Similar properties pricing
Market depth
62 similar listings
High similar-home inventory town-wide (Middelburg)
Median time on market: 180 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
Middelburg Central offers a convenient and well-established urban lifestyle, providing residents with easy access to essential services, schools, and major transport routes in the heart of Mpumalanga.
* Distances and amenities are approximate.
