Property Details
Investor's Dream Property For Sale in Thriving Midvaal Area
Discover a prime investment opportunity in the fast-growing Midvaal Municipal area, just 5 minutes from the renowned Bass Lake Adventures, offering activities such as scuba diving, fishing, canoeing, camping, and 4x4 training. This fully-occupied residential complex boasts 100% tenancy, with tenants under contract, including several business-to-business (B2B) agreements. The owner is selling the business as a going concern, complete with audited financial statements (AFS) and Municipal/Eskom records. The property is zoned for optional sectional title registration, enhancing its investment potential.
Exceptional Property Features:
The complex consists of 10 two-bedroom flats, each thoughtfully designed with comfort and practicality in mind:
• Fitted kitchen cupboards with bulk gas supply for cooking hobs
• Spacious bedrooms, each accommodating queen-sized beds with fitted cupboards
• Full bathrooms, including showers in all flats
• Sliding doors leading to private patios, perfect for braai (BBQ) areas
• A scenic, common grassed piazza with a flowing water stream
• Parking for 20 vehicles on-site
• Double motorized security gates with electric fencing
• Comprehensive water-saving systems, including:
o 2,000-litre pressurized day-tank providing water to all flats
o 20,000-litre bulk storage tank for borehole water
o 2 x 1,000-litre rainwater harvesting tanks
• Supervisor/manager quarters with a modern kitchen, fitted cupboards, and a private bathroom
• On-site workshop for equipment storage and maintenance
• Service wall to separate operational areas from the living quarters
• Common washing line areas for tenants
• Solar-powered lighting across the entire property
• Well-maintained gardens, from the entrance to all communal areas within the complex
Optional Extras:
• Five of the flats are rented fully furnished, including lounge sets, beds, fridges, washing machines, microwaves, and more, offering immediate value for investors.
The owner, now retired and residing in the area, is eager to sell this extraordinary business property to a motivated investor. Don’t miss this golden opportunity to own a thriving residential complex in a prime location with immense potential for growth. Contact us today to arrange a viewing!