POA
1,970m² Investment For Sale in Tubungu Estate
A very rare, ready-income Cape Dutch Villa / Lodge-style multi-unit investment in the prestigious "Old Tubungu" section of Tubungu Estate. This exceptional property offers a proven managed rental income of E20,000 per month (E240,000 per annum gross) across three separate, fully furnished units.
Situated on a generous 1,970m² freehold stand (including an exclusive 320m² greenbelt section), this is the ultimate investor opportunity for passive income, a lodge operation, or a high-quality family compound with surplus rental units.
The Investor Hook: Proven Managed Income
· Three Separate Rental Units generating E20,000 per month total.
· All tenants are on current 12-month leases with full month's rental held as a damages deposit by the managing agent.
· A local agency with 40+ years of experience conducts bi-weekly checks and handles all maintenance issues.
· All units are fully furnished, self-contained, with separate entrances and private outdoor areas.
Accommodation Breakdown (6 Bedrooms | 4 Bathrooms |
· Unit 1 (1-Bedroom): Separate entrance, private garden, braai area, and fire-pit. Open plan kitchen/lounge, separate bedroom and bathroom, fitted cupboards, and washing machine outlet.
· Unit 2 (2-Bedroom): Separate entrance, private garden, fire-pit braai area. Fully air-conditioned, fitted cupboards, open-plan kitchen/lounge, modern bathroom with washing machine outlet.
· Main House (3-Bedroom capability): Main en-suite bedroom (built-in cupboards, A/C, ceiling fan), second bedroom (built-in cupboards, ceiling fan), and a third verandah bedroom off the kitchen with a shelved cupboard.
· Living Spaces: A very large lounge with a fireplace and A/C. A large kitchen featuring a super-large central barstool dining table, Defy stove, and glass & aluminium fitted cupboards. A guest bathroom/toilet and separate laundry with a double sink. A convenient passage nook is ideal for a solar setup.
· Verandah: A private 30m long covered verandah bedecked in lush Lavender vine, accessible via aluminium sliding doors from the main bedrooms.
Exceptional Privacy & Outdoor Lifestyle
· Greenbelt on Three Sides: Borders a protected greenbelt zone ensuring no one can build behind you. Municipal by-laws prevent building or significant tree clearing.
· Vacant Neighbouring Plots: Currently only one neighbour across the road. The vacant plots on either side offer massive expansion potential or ensure extreme privacy.
· Cul-de-Sac Location: Deliberately minimal pedestrian and vehicle traffic.
· Nature & Water: Direct access to a serene natural vegetative area, a stream, and a private dam at the rear.
· Established Fruit Orchard: Mangoes (3 types), Avocado (2 types), Litchi, Lemon, Pecans, Grapevines, Olives, Banana trees, Mulberry, and more.
· Entertaining: Two separate braai areas with natural stone fire-pits, plus two undercover gazebos.
· Nearby: A free, clean, and safe children's park facility is available in the estate.
Uncompromising Security
· Estate Level: Secure gated complex with 24-hour guards, security booms, full perimeter electric fence, and canine night patrol vehicle with armed response. A dedicated WhatsApp security channel links directly to Armed Response via a "Pin Drop" system.
· Property Level: Fully automated gate on remote controls, a modern 2.5m high solid wall fence, and bright night floodlights.
· Prestigious Neighbourhood: High concentration of government officials and dignitaries reside in the complex (including a senior government minister one street away), ensuring rapid armed response to any security issues.
Parking & Practical Features
· Total Parking: +10 Vehicles (X6 separate parking bays for easy tenant access + X4 lockable covered garage bays).
· Workshop & Wash-bay: The garage includes a quarter-section workshop, and there is a dedicated vehicle wash-bay adjacent to the garage. A metal toolshed is located at the rear.
· Flood Prevention: X3 French drains installed ensuring zero flooding of the driveway or pathways.
· All driveway potted plants remain.
Utilities, Comfort & Water Systems
· Water Supply: Municipal water supply with a backup water tank and electric pump. A separate, fully plumbed water-well is installed for garden irrigation and car washing. Additional free water is supplied via the stream and dam for irrigation.
· Utilities: Full fibre-optic wiring for uninterrupted Wi-Fi. Faults are attended to immediately due to the high-profile nature of the area's residents.
· Comfort: X3 fitted air-conditioning units. High ceilings and an insulated roof provide natural cooling in summer.
· Recent Upgrades: In 2026, the villa was completely re-painted. The exterior and the entire interior was refreshed.
Prime Location
Centrally situated in Eswatini, just a 5-minute drive from Matsapha, and ideally located between Mbabane, Matsapha Industrial area, and Manzini.
Perfect for: Local and diaspora investors, small hospitality operators, or buyers seeking a primary residence with substantial income-generating potential.
Private, pre-arranged viewings only.
Contact Mark today for the investor summary, yield calculation, and to schedule your exclusive viewing.
Features
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