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Ermelo, Ermelo, Ermelo, Mpumalanga
R 3 180 000
A large House has has been divided into 6 spacious apartments with modern finishes. This is the ideal investment with an excellent rental income. Unit 1 - 2 bedrooms, 1 bathroom, lounge and kitchen with a carport. Unit 2 - 3 bedrooms, 2 bathrooms, lounge and kitchen and 2 carports. Unit 3 - 1 bedroom, 1 bathroom, lounge and kitchen and a carport. Unit 4 - 3 bedrooms, 1 bathroom lounge and kitchen and a carport. Unit 5 - 2 bedroom, 1 bathroom , lounge and kitchen and carport. Unit 6 - 2 bedrooms, 1 bathroom, lounge and kitchen and carport. Wendy house for storage Rondawel. Paved area. Security doors and burglar bars as well as Remote Controlled Gates. Pre Paid meters in each Apartment. Lovely view as it is on the outskirts of Ermelo. Registered in a Trust, no VAT applicable.
Estimated monthly repayment
R 30 030
on a R 2 862 000 bond over 20 years at 11.25%
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Ermelo, Ermelo, Ermelo, Mpumalanga
Area view — the exact address is shared on enquiry.
Fair-value check
Priced highPriced 413% above comparable 2-bed apartments for sale in Ermelo
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
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