Description
The real estate agency Etude Pierre Immobilier is pleased to present this exclusive property: a set of five terraced houses , built from 2005 onwards, currently rented in La Rivière Saint-Louis / Le Ouaki. The property comprises five solidly built houses with corrugated metal roofs, ranging from two-bedroom (T2) to three-bedroom (T3) duplexes, with living areas between 43 and 66 square meters each. Situated on a total plot of 1,104 square meters, each house includes one or two parking spaces, and the entire property is located at an altitude of 221 meters. All units are currently rented on three-year leases with automatic renewal. House #1 (K): 43 m2 (2 rooms, duplex) - Rent €580/month - Lease until 10/01/2026 House #2 (J): 43 m2 (2 rooms, duplex) - Rent €600/month - Lease until 14/05/2026 House #3 (L): 50 m2 (3 rooms on two levels) - Rent €680/month - Lease until 15/05/2028 House #4 (G): 66 m2 (3 rooms, duplex) - Rent €780/month - Lease until 31/05/2027 House #5 (H): 54 m2 (3 rooms on two levels) - Rent €690/month - Lease until 11/02/2027 Total rent: €3,330/month or €39,960/year (approximately 7.3% yield). Ideal for investors! About the sector: Rivière Saint-Louis benefits from a strategic location on the RN5 highway, offering easy access and proximity to major amenities. Essential shops (mini-markets, bakeries, gas station, pharmacy) are just minutes away. The surrounding area combines village life with quick access to the beaches of Saint-Pierre and L'Étang-Salé (approximately 15 minutes), providing an ideal setting for rental or resale. The neighborhood also boasts schools and services nearby, making it attractive to both tenants and prospective buyers. For any inquiries, property valuations, or to be put in touch with a potential seller (with a commission payable if I handle the sale), please contact your real estate transaction advisor, Tatiana Zhukova, at +262 692 444 050 (Sales Agent, RSAC 2024AC00175, Saint-Pierre). I bring my 12 years of experience to your service and would be delighted to assist you with your sales projects. Information on the risks to which this property is exposed is available on the Géorisques website: www.georisques.gouv.fr .