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R3,700,000 | Apartment Block For Sale in Ermelo

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R3,700,000

Monthly Bond Repayment R36,940.05
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Ermelo 7 Flats For Sale! (Great Investment Opportunity)

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.

Features

-
-
Pets Allowed
No
Interior
Furnished
No
Exterior
Security
No
Pool
No
Sizes
Land Size
1,413m²
Ofentse Maloma
Ofentse Maloma
Intern Property Practitioner - Familia Branch Show number View my listings WhatsApp
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