2 Bedroom Apartment in Erasmus

R 5 770 000

Ilse Pretorius

RealNet-Kungwini

2 Bedroom Apartment in Erasmus

R 5 770 000

the lofts, 58a cornelius
2 Beds
1 Baths
Floor Area 65 m²
Land Area 1276 m²
Rates R 145

NO WHERE CAN YOU FIND MORE VALUE FOR YOUR MONEY!!!

This is a very well built modern double storey face brick complex in sought off area in Bronkhorstspruit, close to center of town and amenities. It offers you 10 X 2 bedroom, 1 bathroom units with an open plan lounge kitchen area with a breakfast nook. Ground floor units running out into a garden with 1st floor units onto a veranda. Each unit has it's own designated carport and a communal braai area on the ground floor.

The block of flats are rented by one company for the past four years. Each unit has it's own pre-paid meter and the Rates and taxes are R145 per unit per month. No levies are payable on this Sectional Title Complex.

Existing rental contract in place with one lessee, renewable October annually, with a rental income of R67 000 per month currently and 6% escalation per annum.

Each unit has it's own title deed and can be sold separately in need.

CALL QUICK ... THIS IS A WINTER THAT WILL NOT STAY LONG IN THE MARKET.

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Key Property Features

2
Bedrooms
1
Bathrooms
1
Covered Parkings
1
Lounges

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Ilse Pretorius

Ilse

Pretorius

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2 Bedroom Apartment in Erasmus

R 5 770 000

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