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2 Bedroom Apartment Block For Sale in Middelburg Central

R13,100,000


Monthly Bond Repayment R141,965.63
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RLS935441

Excellent opportunity for the Investor.

Presenting a remarkable investment opportunity, this complex offers a total building size of 2557m² nestled on a generous stand of 2827m². The development comprises two separate double-storey buildings, showcasing a total of 27 units (2557m²) ensuring ample space and privacy for residents.

Each unit within this prestigious complex boasts its parking area, along with double undercover parking bays, ensuring convenience and security for vehicle owners. In addition, the complex is equipped with an electrical battery system, providing uninterrupted general lighting in passages and garage areas, even during load-shedding.

Among the units, there are 24 spacious two-bedroom apartments and 3 cozy one-bedroom apartments. Each unit is equipped with its own pre-paid meter, allowing residents to easily manage their electrical consumption. Furthermore, the building itself is supported by a reliable battery and electric system, ensuring a consistent power supply. Completing the package are four storage rooms and an office, providing additional functionality for the complex.

The complex is thoughtfully designed with security in mind, featuring sturdy walls encompassing the premises. An electric fence adds an extra layer of protection, assuring residents of their safety. Access to the complex is granted through an electrical remote-controlled gate for vehicles, accompanied by a floodlight at the entrance. A small pedestrian gate ensures convenient entry and exits for pedestrians.

In addition to its numerous features and amenities, this complex is an exceptional investment opportunity. The monthly rental income generated from the units is more than sufficient to cover your bond repayments, offering a highly attractive return on investment. The complex is efficiently managed by an experienced caretaker, who oversees day-to-day operations, ensuring a hassle-free experience for owners and residents alike.

Do not miss out on this excellent opportunity to acquire a secure, profitable, and well-managed complex. Contact me today to arrange a viewing and secure your investment in this highly sought-after property. I cannot wait to show you there.

Features

Bedrooms 2
Bathrooms 1
Recep. Rooms 1
Floor Size 71m²
Land Size 2,827m²
Carports/Parkings 1

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