Monthly Bond Repayment R10,984.23
Calculated over 20 years at 11.5% with no deposit.
Web Ref No CPRT-8198
Prime Investment Opportunity in Erasmus CBD – Versatile Property with Rental Potential
Seize this rare chance to own a centrally located property in the heart of Erasmus CBD! This property is an ideal fit for the savvy businessman seeking a business premises or the keen investor looking to generate rental income. While it does require renovations, the potential here is immense.
The main house offers an open-plan layout, combining the lounge, dining room, and kitchen for a spacious feel. It includes three comfortable bedrooms and two bathrooms. Flatlet 1 can be easily incorporated into the main house, providing a one-bedroom suite with its own kitchen, lounge, and bathroom. Flatlets 2 and 3 are two bachelor units offering additional rental possibilities, though they need renovation. You also get domestic quarters that is also attached to the house.
Additional amenities include a spacious yard with potential for further development, along with two garages and a carport for ample parking. Its prime location offers easy access to local amenities, transport routes, and business hubs. Don't wait to call me for a viewing!!