Property Details

This large property situated in the gated area of Erasmia, is comprised of 4 spacious units, currently fully tenanted with leases until end 2024. 2 double storey units of 3 bedrooms & 2 bathrooms each and 2 simplex units of 3 bedrooms & 2 bathrooms each. Spacious, modern, neat and well maintained, each unit is equipped with prepaid electricity meters and can be fitted with prepaid water meters as well. All units a fully tiled with porcelain tiles and aluminium windows. Perfect for an extended family that desire to live in close proximity of each other or for investor. This property currently could yield an minimum annual ROI of 7.9% at a purchase price of R3.9m.