R 2 950 000 | 10 bed property for sale in erasmia

Property Description

INVESTMENT OPPORTUNITY – ERASMIA Asking Price: R2,950,000 A fantastic income-generating cluster of 4 units in the sought-after area of Erasmia, offering an excellent opportunity for investors looking to secure a property with multiple rental income streams. Rental Breakdown: * Unit 1: R6,750 p/m * Unit 2: R5,750 p/m * Unit 3: R5,250 p/m * Unit 4: R5,000 p/m Total Monthly Rental Income: R22,750 Total Annual Rental Income: R273,000 At the asking price of R2.95 million, the current gross rental yield is approximately 9.25% per annum, before expenses. Why this is an attractive investment: • 4 separate rental units • Multiple income streams • Strong existing rental income • Ideal for investors seeking cash flow • Excellent opportunity in Erasmia Contact us today for more information or to arrange a viewing.


Property Details

Purchase Price R 2 950 000

Type of PropertyHouse

Last Updated22 Aug 2026

Rooms

Bedrooms10

Bathrooms5

Property Location

Similar Property in nearby suburbs

Agent

Shamim Dawood

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