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Port Elizabeth Central · Apartment Block For Sale

2086 m² Apartment Block For Sale in Port Elizabeth Central

  • R 5,900,000
  • 44 bd
  • 23 ba
  • 2086 m²

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"

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Property Information & Features

Property Type
Apartment Block
Listing Type
For Sale
Location
Port Elizabeth Central, Port Elizabeth
Price
R 5,900,000 · Get Pre-Qualified
Price per m²
R 2,828
Floor Size
2086 m²
Erf Size
1670 m²
Bedrooms
44
Bathrooms
23
Residential Zoning
Yes
Security
Yes
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Map & Nearby

Exact location is provided after a viewing has been arranged with the listing broker.

Area Rating · Port Elizabeth Central, Port Elizabeth

Overall Area Rating

Very Good

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Meet your Broker

Apartment Block For Sale in Port Elizabeth Central
R 5,900,000
  • 44 bd
  • 23 ba
  • 2086 m²
Get Pre-Qualified
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Affordability

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