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Noordwyk, Noordwyk, Midrand, Gauteng
R 2 597 000
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: • 3 bedrooms, 1 bathroom • Open-plan lounge and dining area • Spacious and functional — ideal for family living or an additional rental unit Flatlets: • Flat 1: 2 bedrooms, 1 bathroom, neat kitchen, lounge • Flat 2: 2 bedrooms, 1 bathroom, neat kitchen, lounge • Flat 3: 1 bedroom, 1 bathroom, neat kitchen, lounge • Flat 4: 2 bedrooms, 1 bathroom, neat kitchen, lounge 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.
Estimated monthly repayment
R 24 524
on a R 2 337 300 bond over 20 years at 11.25%
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Noordwyk, Noordwyk, Midrand, Gauteng
Listed by
Pieter Jacobs
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