Send to a friend


Commercial Property in Port Elizabeth Central For Sale

R1 445 000

Bedroom icon 7 2 260m2 350m2
Print icon Download PDF

Commercial Property in Port Elizabeth Central For Sale

Bedroom icon 7 2 260m2 350m2

Commercial Property in Port Elizabeth Central For Sale

R1 445 000

Monthly Bond Payment: R

change currency

Bond calculator

  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR
2 Bedroom icon 7 350m2

Features

  • Parking 5

Description

LET THE INCOME PAY YOUR RATES AND BOND. The price has been reduced on this Multi tenanted property for sale in Bird Street, Central. The property offers a high return on investment, with potential for further development. Currently the gross monthly income is R24500, and the take home income is R18300. As these are 12 month rentals, the annual nett income is R220 000 after deductions.

The property offers:

  • a 6 bedroom primary accommodation. 
  • 2 bathrooms.
  • 1 bedroom flatlet plus attached garage(can be converted to more bedrooms.
  • kitchen, lounge, plus secure parking for 5 vehicles.

Converted to student accommodation, this could house 12 students 'as is' due to the size of the rooms. An easy conversion of the garage to bedrooms will bring the total to 15 students.

Give me a call to view. 

Monthly Costs

Calculated over 20 years at % with no deposit.

Bond Payments R
Mun. Rates & Taxes ZAR 2,586

Property Details

Web Ref RXBL-14111
Property Type Commercial Property
Building Size 260m2
Erf Size 350m2
Bedrooms 7
Bathrooms 2

Contact Agent

Agent profile picture

Hagen Junger

Sales Associate

RE/MAX Independent Properties (Lorraine)

Show email

Show number

Show number

Book a viewing
MessageCall backWhatsapp

Book a viewing

Enquiry about property Ref:RXBL-14111

R1 445 000

Monthly Bond Payment: R

currency bond calculator
  • ZAR
  • BWP
  • EUR
  • GBP
  • NAD
  • NZD
  • AUD
  • USD
  • ZWL
  • ZMW
  • MUR

Contact Agent

Agent profile picture

Hagen Junger

Sales Associate

RE/MAX Independent Properties (Lorraine)

MessageCall me back Whatsapp
Book a viewing

Contact Hagen Junger

Agent profile picture

Hagen Junger

Sales Associate


RE/MAX Independent Properties (Lorraine)

Show number

Show number

Enquiry about property Ref:RXBL-14111