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R13,100,000

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

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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

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Sizes
Floor Size
71m²
Land Size
2,827m²

Middelburg Central, Middelburg

Middelburg Central, located in the heart of Middelburg, Mpumalanga, is known as an agricultural and industrial hub, often called the "Stainless Steel Capital of Africa." With a steady growth rate, it has emerged as a thriving location. Its central location ensures easy access to schools, healthcare facilities, shopping centres, and restaurants. Several nearby attractions, including the Middelburg Golf Club...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

141,965.63

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