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R 2 500 000

Commercial Property for Sale in Richmond Hill

Port Elizabeth, Richmond Hill

Floor Size 450 m² Erf Size 393 m²
Richmond hill fully tenanted apartment block for sale
CALLING ALL INVESTORS:

Monthly Rental Income: R40356
Monthly Expenses: R15005
Monthly Net Income: R25350
Yearly Net Income: R304210
ROI: 12%

THE PROPERTY CONSISTS OF THE FOLLOWING:
7 X 2 bedrooms
2 x Bachelor / studio
4 x single garage

All tenanted with Leases and deposits managed by Only Realty
All apartment were renovated in 2022
Listing Number
114113297
Type of Property
Commercial Property
List Date
08 March 2024
Erf Size
393 m²
Floor Area
450 m²
Rates and Taxes
R 3 004
Multi Tenanted
No

Education

The Hill College
0.78km
Erica Girls' Primary School
0.90km
Ethembeni Enrichment Centre
0.94km
St Augustines Primary School
1.08km
St George'S Primary School
1.08km
Greenwood Primary School
1.20km
Laerskool Excelsior
1.22km
Ed-U-College
1.24km
View more

Food and Entertainment

Mannville Open Air Theatre
1.26km

Health

Provincial Hospital
1.22km
Saint George's Hospital
1.45km

Sports and Leisure

Donkin
0.91km
St. George's Park
1.09km
Campanile
1.21km
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Transport and Public Services

Centenary Methodist
0.16km
NG Sentraal
0.32km
Saint Cuthbert's Anglican Church
0.62km
Seventh Day Adventist Westbourne
0.65km
Engen
0.66km
The Hill Presbyterian
0.67km
St John's Methodist
0.68km
Holy Trinity Anglican
0.72km
Pearson St. Congregational
0.78km
Trinity Baptist
0.84km
Nelson Mandela Art Museum
0.93km
St Mary's Cathederal
1.08km
Port Elizabeth
1.10km
St Augustine's Cathederal
1.10km
North End
1.22km
NG Patmos
1.22km
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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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By continuing I understand and agree with Property24's Terms & Conditions and Privacy Policy.
Only Realty JRE

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Sebastien Brazeau
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Simphiwe Stefane
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