Flexible income or multi-generational living in gated Erasmia, steps from schools and Spar; refurbished with brand-new kitchens, separate entrances and ample open land for development. Four bedrooms, three baths.
This flat land property is ideal for investment and offers a practical layout with two attached units. The property has been refurbished and offers brand new kitchens and separate entrances for each unit allowing for privacy and independent access. Both units are completely tiled throughout creating a neat and low maintenance living environment.
Unit 1 consists of two bedrooms and two bathrooms with an open plan lounge and dining area that allows for easy flow and functional living. Unit 2 offers two bedrooms and one bathroom with the kitchen kept separate from the open plan living areas providing a clear distinction between cooking and living spaces.
The property also offers a double garage, double carport with an outside toilet and plenty of open land which allows for additional building opportunities. Additionally there is a shed at the back yard for storage. It is situated in a gated area in Erasmia close to schools and Spar and located within a sought after area.
Listed for sale at R2,195,000
Price reduced by 11.2% to R1,950,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 15 listings in Erasmia
Insight
Priced below the median for similar properties in the area. Floor size is 31% smaller than typical for similar homes.
Similar properties pricing
Affordability
R 19,142 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
15 similar listings
Medium similar-home inventory in Erasmia
Median time on market: 191 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Erasmia is a diverse and growing residential area offering a mix of established homes and new developments, appealing to families and individuals seeking a community-oriented lifestyle with convenient access to amenities.
* Distances and amenities are approximate.