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Large property with 4 flatlets, potential for more. Rental income of R14,000 p/m. Pre-paid meters, carports, and private courtyards.
Investment opportunity!
This large property (2647m2) comprises of 4 individual flatlets with potential to add another flatlet.
Flat 1
2 Bedrooms with Built in cupboards
1 Bath and Shower
Toilet
Basin
Spacious kitchen with coal stove
Tiled throughout
Pre-Paid water and electricity meters
Burglar bars
Own private courtyard
Carport
Flat 2 and 4
2 Bedrooms with Built in cupboards
1 Bath and Shower
Toilet
Basin
Kitchen
Tiled throughout
Pre-Paid water and electricity meters
Burglar bars
Own private courtyard
Carport
Flat 3
Bachelor Flat
1 Bath and Shower
Toilet
Basin
Kitchen
Tiled throughout
Pre-Paid water and electricity meters
Burglar bars
Own private courtyard
Carport
Two separate entrances
Fully fenced
Fiber Ready
Alarm System
Double manual garage
JoJo tank
Level Land
Rental income of R14 000 p/m
Levy per unit R580p/m
Rates R1156
Contact me for an exclusive viewing!
Listed for sale at R1,732,500
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 34 listings in Ermelo (town)
Insight
Priced close to the median for similar properties.
Similar properties pricing
Affordability
R 17,007 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
34 similar listings
Medium similar-home inventory town-wide (Ermelo)
Median time on market: 97 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
Ermelo Central offers a blend of small-town charm and essential amenities, making it a convenient and comfortable place to live in Mpumalanga.
* Distances and amenities are approximate.
