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R12,900,000

Monthly Bond Repayment R139,798.21
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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2 Bedroom Apartment For Sale in Middelburg Central

A Promising Investment Opportunity: The Complex of 27 Units in Middelburg Central, Mpumalanga.

Middelburg Central, located in the beautiful province of Mpumalanga, presents a remarkable investment opportunity in the form of a complex of 27 units. This intricate development comprises two separate double-story buildings, consisting of 24 two-bedroom units, three bachelor units, four storage rooms, and an office. This essay explores the unique aspects of this complex and highlights the potential benefits it offers to investors.

Situated in the heart of Middelburg Central, this complex enjoys the advantages of a strategic location. The area boasts excellent connectivity to major transportation routes, commercial establishments, educational institutions, and recreational facilities. Its central position makes it an ideal living space for professionals, families, and students.

The complex offers a diverse range of units to cater to various accommodation needs. With 24 two-bedroom units including pre-paid metres, families can find comfortable and spacious homes. Additionally, three bachelor units are perfect for young professionals or individuals seeking a cozy living space. All units include double undercover parking bays. This variety enhances the appeal of the complex, ensuring a broader target market and maximizing rental potential.

The presence of four storage rooms provides ample space for gardening and maintenance tools to securely store their belongings. This feature adds convenience and practicality, making the complex more attractive to potential residents. Moreover, the inclusion of an office space offers a centralized management hub, streamlining administrative tasks and enhancing overall efficiency.

With the increasing demand for housing in Middelburg Central, this complex presents a lucrative investment opportunity. The combination of two-bedroom units and bachelor units caters to a wide range of tenants, ensuring a consistent rental income stream. Moreover, the complex's proximity to key amenities and it’s well-designed layout contribute to it’s potential for long-term capital appreciation.

The complex fosters a sense of community among its residents. Shared common areas, such as intimate low maintenance gardens to create a welcoming atmosphere.

In conclusion, the complex of 27 units in Middelburg Central, Mpumalanga, presents an enticing investment opportunity. It’s prime location, diverse unit offerings, additional facilities, and potential for rental income make it an appealing prospect for Investors. As the demand for housing continues to rise, this complex promises long-term returns and the chance to contribute to the vibrant community of Middelburg.

One can only purchase the Complex as a whole, not individual units are for sale.

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Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Flatlet
1
Sizes
Floor Size
77m²
Land Size
2,827m²
Extras
3 x Batchelor Flatlets,  • 4 x Storerooms,  • Office,  • 24 x 2 Bedroom Flatlets

Middelburg Central, Middelburg

Middelburg is a small town roughly located in the North Western region of the Mpumalanga Province. This farming community and growing industrial hub is located less than 30 kilometres away from neighbouring Witbank and 140 kilometres away from Pretoria. Other notable towns within the vicinity include Secunda to the South, and Belfast to the East. Formerly known as Nasareth, the town was later renamed...
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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:

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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

139,798.21

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