10 Bedroom House in Erasmia
INVESTMENT OPPORTUNITY ERASMIA
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 pm
Unit 2: R5,750 pm
Unit 3: R5,250 pm
Unit 4: R5,000 pm
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
- Listing number T5596413
- Property type House
- Listing date 22 Aug 2026
- Land size 1 500 m²
- Rates and taxes R 1 200
Property features
- Bedrooms 10
- Bathrooms 5