REF: 689 MIDDELBURG KAROO: EXCEPTIONAL INVESTMENT OPPORTUNITY – FULLY FUNCTIONAL MULTI-UNIT PROPERTY IN THE HEART OF KAROO

  • R 1 750 000

Overview

Property ID: Ref# 689
  • House
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • 2649 m²
  • Land Area
  • 689
  • Property ID

Address

  • City: Middelburg Karoo
  • Province: Eastern Cape

Description

EXCEPTIONAL INVESTMENT OPPORTUNITY – FULLY FUNCTIONAL MULTI-UNIT PROPERTY IN THE HEART OF KAROO

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!

Details

  • Property ID Ref# 689
  • Price R 1 750 000
  • Land Area 2649 m²
  • Bedrooms 6
  • Bathrooms 6
  • Property Type House
  • Property Status For Sale
  • Open Parkings 5
  • Covered Parkings 6

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