Incredible Investment Property: A 27-Unit Complex in Middelburg Central, Mpumalanga
We are excited to market to you an extraordinary investment opportunity in Middelburg Central, Mpumalanga. This impressive property offers a unique combination of prime location, practical design, and excellent revenue potential. The complex, situated on a spacious 2,880 sq.m stand with 2,557 sq.m of buildings, features two separate double-story structures and a total of 27 residential units.
Key Features of the Property:
Prime Location: Located on the perimeter of Middelburg CBD, the complex is within walking distance of the town center, police station, court building, and schools, offering unmatched convenience for tenants.
Comprehensive Unit Offerings:
24 two-bedroom units, each with pre-paid electricity meters.
3 bachelor units, ideal for young professionals or individuals seeking cozy living spaces.
Double undercover parking bays for all units.
Additional Facilities:
Four storage rooms.
A centralized office space for efficient management.
Modern Utilities and Safety Features:
Battery-powered lighting system for common areas.
Prepaid electricity meters for general use.
Floodlight at the main entrance, along with an electric fence and automated gates for vehicles and pedestrians.
Revenue Potential and Financial Highlights
Monthly Income: Approximately R150 000.00 per month, translating to an annual income of roughly R1,800 000.00.
Unit-Specific Revenue:
R5,800 per month for two-bedroom units.
R3,500 per month for bachelor units.
Expenses: Rates are approximately R23,000 per month.
Registered in a Closed Corporation (VAT entity): Offers potential tax and operational benefits.
Investment Appeal
This development is designed to meet the growing demand for housing in Middelburg Central, making it an excellent investment choice. The combination of diverse unit offerings, centralized location, and modern amenities ensures a consistent rental income stream while positioning the property for long-term capital appreciation.
Key Selling Points
Approved Building Plans: The property comes with certified original building plans, ensuring transparency and compliance.
Sense of Community: Shared common areas, including low-maintenance gardens, foster a welcoming atmosphere for residents.
Turnkey Investment: The complex is fully operational, with established systems and facilities in place.
Important Note
This property is available for purchase as a whole, and individual units are not for sale.
Key Features of the Property:
Prime Location: Located on the perimeter of Middelburg CBD, the complex is within walking distance of the town center, police station, court building, and schools, offering unmatched convenience for tenants.
Comprehensive Unit Offerings:
24 two-bedroom units, each with pre-paid electricity meters.
3 bachelor units, ideal for young professionals or individuals seeking cozy living spaces.
Double undercover parking bays for all units.
Additional Facilities:
Four storage rooms.
A centralized office space for efficient management.
Modern Utilities and Safety Features:
Battery-powered lighting system for common areas.
Prepaid electricity meters for general use.
Floodlight at the main entrance, along with an electric fence and automated gates for vehicles and pedestrians.
Revenue Potential and Financial Highlights
Monthly Income: Approximately R150 000.00 per month, translating to an annual income of roughly R1,800 000.00.
Unit-Specific Revenue:
R5,800 per month for two-bedroom units.
R3,500 per month for bachelor units.
Expenses: Rates are approximately R23,000 per month.
Registered in a Closed Corporation (VAT entity): Offers potential tax and operational benefits.
Investment Appeal
This development is designed to meet the growing demand for housing in Middelburg Central, making it an excellent investment choice. The combination of diverse unit offerings, centralized location, and modern amenities ensures a consistent rental income stream while positioning the property for long-term capital appreciation.
Key Selling Points
Approved Building Plans: The property comes with certified original building plans, ensuring transparency and compliance.
Sense of Community: Shared common areas, including low-maintenance gardens, foster a welcoming atmosphere for residents.
Turnkey Investment: The complex is fully operational, with established systems and facilities in place.
Important Note
This property is available for purchase as a whole, and individual units are not for sale.
Features
Listing Info
Middelburg Central, Middelburg
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Huizemark website is accurate and up to date, Huizemark 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.
