5 Bedroom House in Meredale
Corner Property with 3 Income-Generating Homes [removed] Ideal Investment Opportunity
This perfectly positioned corner property , presents an exceptional investment opportunity with three separate houses, each occupied by reliable tenants. Situated in a sought-after area, the property provides immediate rental income and long-term capital growth potential.
Perfect for investors seeking immediate rental returns this property is strategically positioned for maximum visibility and offers both residential and commercial prospects.
Key Features:
Prominent corner stand offering dual street frontage
Three separate dwellings each with private entrances and secure parking
Spacious layout ideal for redevelopment or multi-tenant use
Secure boundary walls and gated access
Ample Parking space or room for expansion
Investment Highlights:
Strong rental income with established tenants
Ideal for multi-family living or continued rental investment
Potential for future development or sectional title conversion
Suitable for offices, retail conversion as B&B or residential units
Low maintenance and high tenant demand
House 1:
A neat and compact bedroom and bathroom cottage ideal for a young couple or a single tenant.
A separate lounge area
Open plan neat kitchen and dining area
House 2:
Comprises of two bedrooms and two bathrooms, perfect for a small family
Open plan kitchen and living area
House 3:
A comfortable 2 bedroom, 1 bathroom unit
Open plan kitchen, diming and living area
All three houses are conveniently separated from each other to allow for privacy and have immediate access to the extremely generous garden area.
Dont miss this immediate income and long-term value growth opportunity.
Property details
- Listing number T5297883
- Property type House
- Listing date 10 Nov 2025
- Land size 1 467 m²
- Floor size 276 m²
- Rates and taxes R 2 200
Property features
- Bedrooms 5
- Bathrooms 4
- Lounges 1
- Dining areas 3
- Open parking 1