MULTI-TENANTED INVESTMENT PROPERTY FOR SALE – ERASMIA 🚨
GENERATE R52,200 MONTHLY RENTAL INCOME
NET MONTHLY INCOME: R48,700
MULTIPLE INCOME STREAMS | MAIN ROAD EXPOSURE | GREAT INVESTMENT
Looking for a property that can start generating income from day one?
This multi-tenanted commercial and residential property in Erasmia offers an exceptional opportunity for investors looking to build a diversified rental portfolio with multiple tenants and established income streams.
Prime Main Road Position
Enjoy excellent visibility and exposure, with the property conveniently located close to schools, shops, businesses, public transport and other essential amenities.
COMMERCIAL COMPONENT
The property comprises:
4 Retail Shops
1 Office
Excellent main-road exposure
Multiple established rental income streams
RESIDENTIAL COMPONENT
The residential units offer:
2 Bedrooms
Bathroom
Kitchen
Comfortable living areas
Fully tiled
Carports
Lock-up gates for added security
CURRENT RENTAL INCOME
• Crystal Closet — R5,000
• NB Spares — R3,000
• EZTax — R10,000
• Bakers Den — R5,500
• Unit 6 — R5,500
• Unit 7 — R5,500
• Unit 8 — R5,500
• Unit 9 — R3,000
• Unit 10 — R3,200
• Unit 11 — R3,000
• Unit 12 — R3,000
TOTAL MONTHLY INCOME: R52,200
EXPENSES
Rates + Water: R3,500 per month
NET MONTHLY INCOME: R48,700
NET ANNUAL INCOME: R584,400
This is an excellent opportunity for property investors, landlords and entrepreneurs looking for a property with multiple tenants, diversified income and strong rental potential.
Why buy one income stream when you can own multiple?
Contact Siva Packary – Property Practitioner | Choprop International
Let's arrange a private viewing and discuss the investment potential of this property.
Features
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Choprop Sales & Letting website is accurate and up to date, Choprop Sales & Letting makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
