House for sale
Earn passive income from day one in central Middelburg, close to schools and shops — corner Res 3 stand with four self-contained tenanted units, private gardens and development potential.
Looking for an investment property in Middelburg that already works for you from day one? This Res 3 zoned corner stand offers four independent, fully tenanted units under one title — with municipal approval potential to add even more. Whether you're growing a rental portfolio or securing your first income-generating property, this one ticks every box.
The property is accessed via three separate entrances, keeping each unit private and self-contained.
Flatlet 1 – A neat ground-floor unit offering 1 bedroom, lounge, bathroom and kitchen, with its own private yard space and a shaded carport behind a lockable gate.
Flatlet 2 – A double-storey 1-bedroom unit with lounge, kitchen and bathroom, also enjoying private yard space and a shaded carport behind a lockable gate. Flatlets 1 and 2 share access via one of the property's entrances.
Flatlet 3 – Entered via its own private entrance and garden, this spacious unit offers 2 bedrooms, 1 bathroom, a big lounge and dining room, and a kitchen, plus a double carport (in need of some attention).
The Home – With its own separate entrance, this 3-bedroom, 1-bathroom home features a big open-plan kitchen, lounge and dining area that flows out to its own private garden, plus a handy outside laundry room.
Every unit is individually metered with prepaid electricity, and all four are currently tenanted — generating a combined income of ±R20,000 per month. Add to that the future development potential this Res 3 zoning unlocks, and you're looking at a property with real room to grow.
Ideally located in Middelburg, close to Middelburg College, schools, shopping centres and other everyday amenities — an address that will keep this property in demand with tenants for years to come.
Contact us today to view this exceptional multi-income investment before it's gone.
Disclaimer | Whilst every care has been taken in the preparation of the marketing material used for this property listing, By Design cannot be held responsible for any errors and omissions (E&OE) which may occur.
Listed for sale at R2,230,000
Wide price range across Middelburg
Prices vary widely across Middelburg, so a like-for-like comparison isn't reliable for this home.
Within the typical range for Middelburg (R1.5M–R2.5M).
Market depth
47 similar homes
51 listings across Middelburg
51 days
Median time on market
Many similar homes
Active across Middelburg
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Middelburg South is a well-established residential area offering a peaceful suburban lifestyle with convenient access to essential amenities and major transport routes.
