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Middelburg, Middelburg, Middelburg, Eastern Cape
R 1 800 000
This well-maintained and fully operational property offers an outstanding income-generating opportunity in Middelburg, Eastern Cape. Currently configured as six rental units, it is perfectly suited for a guesthouse, Bed & Breakfast, or long-term rental investment. The property comprises five spacious, furnished apartments, each featuring a kitchen, living area, bathroom, air conditioning and alarm system. In addition, there is a charming one-bedroom flatlet with its own aircon and alarm system, ideal for permanent rental, guesthouse manager or guest accommodation. Laundry room and store room with own alarm. Property Features: • 5 Fully furnished apartments • 1 One-bedroom flatlet • Air conditioning and alarm systems throughout • 3 Prepaid electricity units • Beautiful garden area for guests and tenants • Borehole connected to a 10,000L water tank with pressure pump • Prime location close to the main business area • Excellent potential for short-term or long-term rental income • Car ports and safe parking With multiple income streams already in place and a sought-after location, this versatile property presents a rare opportunity for investors looking to expand their portfolio or enter the hospitality market. Don't miss out on this exceptional investment opportunity – contact Marieda today to arrange a viewing!
Estimated monthly repayment
R 16 998
on a R 1 620 000 bond over 20 years at 11.25%
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Middelburg, Middelburg, Middelburg, Eastern Cape
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Liivra AI market value
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