R8,700,000
R8,700,000
40 Bedroom Apartment Block For Sale in Merrivale
40
Bedrooms
20
Bathrooms
20
Parkings
Ref. RLS938539
Land 1842.00m²
Floor 1140.00 m²
Monthly Repayment
R92,779.37
Melanie Govindsamy
Melanie Govindsamy
Belinda Martin
Belinda Martin
Monthly Rates R6,000
Total R6,000

Introducing a lucrative investment opportunity in the heart of Merrivale, Howick

Web Ref. RLS938539
- Prime Location:
Nestled in Merrivale. This location offers an idyllic lifestyle for residents and attracts tenants seeking convenient living experience.

- Spacious and Well-Designed Units:
The block comprises 20 units, each boasting a generous size of 57 square meters. With 2 bedrooms featuring built-in cupboards, well-appointed kitchens with ample storage space, open plan lounge/dining rooms, fitted kitchens, family bathrooms and toilets, balconies, and under-cover parking, these units are designed to provide comfort and convenience for tenants.

- Fiber Connectivity:
Stay ahead of the digital age with fiber connectivity available throughout the block. This high-speed internet access is a sought-after feature for residents, catering to their growing online needs and enabling seamless connectivity.

- Security:
The property offers access control measures, ensuring the safety and well-being of residents.

- Efficient Utility Management:
Each unit is equipped with a pre-paid electricity meter, empowering residents to effectively manage their electricity consumption and expenses. Additionally, the water meters allow for monitoring of water.

- Proximity to Amenities and Easy Access:
Residents will relish the convenience of having various amenities within walking distance. Whether it's shopping centers, recreational facilities, or healthcare services, everything is easily accessible. Moreover, the property's close proximity to the N3 highway ensures effortless travel in and out of the area.

By capitalizing on these key features, this block of flats in Merrivale, Howick presents an exceptional investment opportunity. Act now and arrange a viewing to witness the potential rental income and overall suitability of this property for your investment goals.

Don't miss out on this chance to secure a prosperous future in the thriving Midlands region.

Call us today!

Features

Interior
40 Bedrooms
20 Bathrooms
20 Kitchens
20 Lounges
20 Dining Rooms
Exterior
20 Parkings
Security
Sizes
Land Size 1,842 m²
Floor Size 1,140 m²

Merrivale, Howick

Although Merrivale is a suburb of Howick, it is considered its own village and is situated in the Midlands to the southwest of Howick. Merrivale offers a country lifestyle with its tree-lined streets and prolific gardens. Climate in the Midlands Summers are hot, with an average temperature of 30 °C. Winters are cold and dry, with the temperature dropping to an average of 6°C. Frost is not uncommon during these chilly winter months, and snow can be experienced from time-to-time. Distance to Locations This northern suburb of Howick is within easy reach of the N3, making road travel quick and smooth: To Midmar Dam (via N3) - 12 minutes / 10.1km To Howick Falls (via main road through Howick) - 9 minutes / 5.3km To Pietermaritzburg...
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Finance

Total Amount Repayable
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Monthly Repayment
R0,00
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