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5792 Mad2 Street, Madadeni D, Newcastle, KwaZulu-Natal
R 340 000
Online Auction Starting Bid: R 340 000-00 Auction Date: Tuesday, 25 August 2026 from 12h00 to 14h00 Viewing: Saturday, 22 August 2026 from 12h00 to 14h00 Set within Meadowlands Estate in Madadeni J, this first-floor apartment presents an attractive opportunity to enter the Newcastle property market at an accessible starting bid. Its sectional-title setting and straightforward configuration make it a compelling option for buyers seeking a practical home or an affordable addition to a rental portfolio. The property comprises two bedrooms, one bathroom and functional everyday accommodation arranged on the first floor. One parking space is included, offering useful convenience for an owner-occupier or tenant. The apartment's uncomplicated layout supports comfortable daily living while remaining easy to manage, particularly for buyers who value simplicity and efficient use of space. With its low-maintenance apartment format, this property is well suited to a busy lifestyle. The manageable arrangement offers flexibility for a couple, a small household, a first-time buyer or an investor looking for an appealing rental proposition. Monthly rates of approximately R600 and levies of approximately R1 910.89 were supplied on the marketing form and should be independently confirmed before purchase. Madadeni J offers established residential surroundings and general convenience, with access to schools, shopping, everyday services and major routes in the wider area. The Newcastle location broadens its appeal for buyers who want to remain connected to employment and amenities while enjoying the ease of apartment living. Its position within Meadowlands Estate provides a convenient residential base for prospective occupants. Whether you are taking your first step into property ownership, looking for a manageable home or expanding an investment portfolio, this two-bedroom apartment combines practical accommodation with an attractive auction opportunity. The R340 000 starting bid creates a well-positioned entry into the market and deserves consideration from value-conscious buyers. Photo Disclosure: Please note that some images may have been digitally enhanced or edited for marketing purposes. These images are intended to showcase the property's potential and should not be relied upon as an exact representation. Interested buyers are encouraged to arrange a viewing and inspect the property in person before submitting an offer. Important Information: - 5% Seller's Commission applies. - Seller will settle outstanding Rates and Taxes. - Buyer to provide the required COC's (Certificates of Compliance). - 10% Deposit payable on the fall of the hammer. - 30 Days for Guarantees.
Estimated monthly repayment
R 3 211
on a R 306 000 bond over 20 years at 11.25%
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5792 Mad2 Street, Madadeni D, Newcastle, KwaZulu-Natal
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Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Kgomotso Van Wyk
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