Fully-tenanted Block of Flats in Prime Rental Hub

ZAR R8,506,000 (USD $498,809) *current conversion
Ermelo, South Africa

Property Highlights

  • Prime location near schools and transport
  • Fully-tenanted with 100% occupancy
  • Well-maintained units and common areas
  • Low-maintenance finishes and minimal upkeep
  • Strong rental income with growth potential
  • Reliable tenants ensuring stable returns

Overview

Investment Opportunity: Fully-Tenanted Block of Flats in Prime Location Looking for a hands-off investment with reliable returns from day one? This fully-tenanted block of flats, neat as a pin and situated in a high-demand location, offers a compelling mix of income stability, capital growth potential, and low maintenance requirements. Whether you're expanding your portfolio or making your first strategic move, this is the kind of opportunity that investors act on quickly. 1. Prime Location, Prime Value ΓÇó ΓÇó Situated in one of the area's most sought-after rental hubs ΓÇó ΓÇó High demand for rentals due to proximity to schools, shopping centres, public transport, and major routes ΓÇó ΓÇó Desirable for professionals, students, and families ΓÇö ensuring ongoing tenant interest 2. Fully-Tenanted, Zero Hassle ΓÇó ΓÇó 100% occupancy ΓÇö generate income from day one ΓÇó ΓÇó Reliable tenants in place, ensuring stable monthly returns ΓÇó ΓÇó Optional property management available for hands-off ownership 3. Turnkey Condition ΓÇô ΓÇ£Neat as a PinΓÇ¥ ΓÇó ΓÇó Well-maintained units and common areas ΓÇó ΓÇó Recent upgrades and low-maintenance finishes ΓÇó ΓÇó Minimal upkeep required, reducing your operational costs 4. Attractive ROI ΓÇó ΓÇó Strong rental income relative to asking price ΓÇó ΓÇó Room for future rent increases ΓÇó ΓÇó Excellent long-term capital growth prospects in an appreciating market 5. Why This Block Beats the Rest ΓÇó ΓÇó Compares favourably to similar properties in terms of price, income, and condition ΓÇó ΓÇó Low risk of vacancies due to location and tenant appeal ΓÇó ΓÇó Possible zoning flexibility or future development potential (enquire for more info) 6. Next Steps for Investors ΓÇó ΓÇó Private viewings available on request ΓÇó ΓÇó Full financials and rental schedules available for serious buyers ΓÇó ΓÇó Limited availability ΓÇö this is a high-demand asset DonΓÇÖt miss your opportunity to secure a ready-made investment in one of the best rental markets around. Contact us today for more info or to arrange a viewing.
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Property Features

Ermelo, South Africa offers the following features:

Bedrooms: 18
Bathrooms: 16 Full
Property Type: Residential
Status: Active
Reference ID: 2563168

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