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POA | 12 Bedroom Apartment Block For Sale in Erasmia

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POA

Monthly Bond Repayment R10,837,070.61
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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4 separate homes for sale for investment or extended families in Erasmia

An exceptional opportunity presents itself with this impressive 12-bedroom freehold property located in Erasmia, which offers a remarkable investment prospect with promising income returns.

Situated on expansive grounds and accessed through automated gates, this property is meticulously designed and subdivided into four distinct units, each with its separate entrance.

Unit 1 features three bedrooms, two bathrooms, a well-appointed kitchen, and an open-plan lounge and dining area. The bedrooms are adorned with fitted built-in cupboards, with the main bedroom being an en-suite. Additionally, this unit offers a private side garden and servants' quarters.

Unit 2 mirrors a similar configuration, comprising three bedrooms, two bathrooms, a fitted kitchen, and an open-plan lounge and dining area. Further complemented by its own private garden, this unit also provides access to a pool and a dedicated entertainment area.

Units 3 and 4, designed as duplexes, mirror each other in layout. Each unit houses three bedrooms upstairs, fully equipped and tiled, while the ground floor encompasses an open-plan lounge, kitchen, and dining area. The property includes allocated parking for each unit, featuring one carport and additional open parking in the paved front yard.

This property boasts the practicality of prepaid electricity and water meters across all four units, making it an attractive investment opportunity. The potential for high rental income further enhances its appeal

Features

12
8
1
Pets Allowed
No
Interior
Bedrooms
12
Bathrooms
8
Kitchen
4
Reception Rooms
8
Furnished
No
Exterior
Garages
Yes
Security
No
Parkings
4
Pool
Yes
Sizes
Floor Size
800m²
Land Size
1,500m²
1
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