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Ermelo, Ermelo, Ermelo, Mpumalanga
R 3 700 000
Prime Investment Opportunity – Act Now! Seize this rare chance to acquire a block of seven flats situated in a prime complex within Ermelo's Central Business District (CBD), directly opposite Ermelo School. Property Highlights: ? Diverse Accommodation: The property comprises six 2-bedroom flats and one 3-bedroom house, catering to a variety of tenant needs. ? Additional Amenities: Includes an on-site storeroom for extra storage solutions. ? Enhanced Security: The complex is fully fenced and features a single access entrance, ensuring a secure environment for residents. ? Attractive Rental Income: Benefit from a substantial monthly rental income with all units currently tenanted. ? Tenant-Friendly Utilities: Equipped with prepaid electricity and water meters, offering convenience and control over utility expenses. ? Favorable Zoning: The property is rezoned as Residential 3 (Res 3), providing flexibility for future developments. ? Low Maintenance: Designed with minimal upkeep requirements, ensuring cost-effective property management. ? High Demand Location: Situated in a fully rented-out area of the CBD, reflecting the strong demand for housing in this prime location. Don't miss out on this exceptional investment opportunity. Contact us today to arrange a viewing and secure your future in property investment.
Estimated monthly repayment
R 34 940
on a R 3 330 000 bond over 20 years at 11.25%
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Ermelo, Ermelo, Ermelo, Mpumalanga
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Nkosinathi Zulu
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