R 5 800 000
calculate bond costs

44 Bed House in Port Elizabeth Central

Contact agent for street address
44 23 1 670 m² 2 086 m²

CENTRAL 3 APARTMENT BLOCKS WITH SHOP SPACE FOR SALE

EXCELLENT STUDENT ACCOMMODATION OPPORTUNITY!

CALLING ALL INVESTORS:

Monthly Rental Income: R107 340

Water recovery: R5 700

Monthly Expenses: R43 555

Monthly Net Income: R69 485

Yearly Net Income: R833 820

ROI: 14,13%

R5 900 000 (BRING OFFERS!)

SOLE MANDATE

THE PROPERTY CONSISTS OF THE FOLLOWING:

3 APARTMENT BLOCKS - 24 apartments

Unfurnished

ALL TENANTED with Leases and deposits

4 RETAIL SHOPS

ALL TENANTED with Leases and deposits

The information provided is believed to be true and correct but does not form part of any agreement

Property details

  • Listing number T4486733
  • Property type House
  • Erf size 1 670 m²
  • Floor size 2 086 m²
  • Rates and taxes R 12 320

Property features

  • Bedrooms 44
  • Bathrooms 23
  • Lounges 23
  • Security Post

Photo gallery