North End · Industrial For Sale
413 m² Warehouse For Sale in North End
- R 1,250,000
- 413 m²
This mixed-use property offers the perfect blend of commercial and residential spaces, ensuring a steady stream of income for savvy investors.
At the forefront of this property are two bustling commercial sites: a vehicle service workshop and a spray paint business. These businesses cater to the automotive needs of the local community.
In addition to the commercial spaces, this property boasts eight residential accommodation units, providing comfortable living spaces for tenants. Each unit is thoughtfully equipped with its own prepaid electricity meter, geyser, and water meter, offering convenience and autonomy to residents. This setup simplifies management and maintenance tasks for the property owner.
Currently, the property enjoys a monthly net income of R24000, providing a stable and attractive return on investment.
Recent maintenance efforts, including a fresh coat of paint and a re-rubberized roof, ensure that the property is not only visually appealing but minimizing future maintenance expenses.
Don't miss out on this exceptional investment opportunity.
Property Information & Features
- Property Type
- Warehouse
- Listing Type
- For Sale
- Location
- North End, Port Elizabeth
- Price
- R 1,250,000 · Get Pre-Qualified
- Price per m²
- R 3,027
- Floor Size
- 413 m²
- Erf Size
- 413 m²
- Industrial Zoning
- Yes
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