- 2
- 1.5
- 1
- 2 935 m2
Monthly Costs
Monthly Bond Repayment ZAR .
Calculated over years at % with no deposit. Change Assumptions
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Mun. Rates & Taxes: ZAR 409.00
Monthly Levy: ZAR 0.00
Special Levies: ZAR 0.00
Property description
Nestled in the heart of Balfour, Mpumalanga, lies a unique investment opportunity - Sectional Title, a block of eight beautifully designed flats, perfect for those looking to tap into the growing demand for student accommodation or housing for young couples. Strategically located near the newly established GPT College, these flats present an ideal living situation for students seeking convenience and comfort. With the increasing influx of young minds to the area, the demand for well-situated rental properties is on the rise, making this block a promising investment for steady rental income.
Each flat within this 2,935 square meter stand boasts two spacious bedrooms, a modern kitchen, and an open-plan dining room and lounge. The layout is designed to maximize space and light, providing a welcoming atmosphere for tenants. The private verandas and individual yards offer personal outdoor spaces, a rare find in communal living environments. Security is a top priority in this property. The entire block is fully fenced with sturdy palisades and secured by an electric gate, ensuring peace of mind for residents. This emphasis on safety makes it an attractive option for parents looking for secure housing for their college-going children or for newlyweds starting their journey together.
What sets this property apart is the flexibility it offers. Each flat comes with its own title deed, allowing the new owner the option to sell the units separately in the future. This versatility enhances the investment potential, providing multiple avenues for returns. This block of flats in Balfour is not just a property; it's a wise investment. With its prime location, thoughtful design, and excellent security, it is poised to meet the housing needs of a growing community. Whether you're looking to cater to students or young families, this property promises a rewarding venture in the heart of Mpumalanga.
Property Details
- 2 Bedrooms
- 1.5 Bathrooms
- 1 Garages
- 1 Lounges
- 1 Dining Area
Property Features
- Patio
- Pets Allowed
- Fence
- Access Gate
- Kitchen
- Guest Toilet
- Paving
- Garden
- Family TV Room
| Bedrooms | 2 |
| Bathrooms | 1.5 |
| Garages | 1 |
| Erf Size | 2 935 m2 |
Contact the Agent
Nelma van Dyk
Full Status Property Practitioner