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R 5 900 000

44 Bedroom Apartment / Flat for Sale in Port Elizabeth Central

Port Elizabeth, Port Elizabeth Central

Beds 44 Bathroom 23 Floor Size 2086 m² Erf Size 1 670 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”
Bedrooms: 44
Bathrooms: 23
No Pets Allowed
Listing Number
113897095
Type of Property
Apartment / Flat
List Date
25 January 2024
Erf Size
1 670 m²
Floor Area
2 086 m²
Price per m²
R 2 828
Rates and Taxes
R 12 320
Pets Allowed
No
Bedroom
Bathrooms
23
Kitchens
23
Reception Rooms
23

Education

St Augustines Primary School
0.20km
Ed-U-College
0.40km
St George'S Primary School
0.81km
Greenwood Primary School
1.00km
The School Of Modern Montesori
1.01km
The Hill College
1.34km
View more

Food and Entertainment

Mannville Open Air Theatre
1.38km
Steers
1.48km

Sports and Leisure

Donkin
0.12km
Campanile
0.53km
St. George's Park
1.30km
View more

Transport and Public Services

St Augustine's Cathederal
0.24km
The Hill Presbyterian
0.27km
St Mary's Cathederal
0.29km
Holy Trinity Anglican
0.32km
St John's Methodist
0.44km
Port Elizabeth
0.52km
Pearson St. Congregational
0.63km
NG Sentraal
0.64km
Centenary Methodist
0.79km
Nelson Mandela Art Museum
0.84km
Engen
0.97km
Masjid ul-Akbar
0.98km
South End Fire Station
1.07km
South End Museum
1.12km
Saint Cuthbert's Anglican Church
1.17km
NG Oos
1.19km
Seventh Day Adventist Westbourne
1.22km
Humewood Police Station
1.33km
Trinity Baptist
1.41km
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Contact Agents

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Sebastien Brazeau
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Simphiwe Stefane
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Contact Agents

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Only Realty JRE

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Sebastien Brazeau
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Simphiwe Stefane
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