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R 4 200 000

Commercial Property for Sale in Newton Park

47 King Edward Street, Newton Park, Port Elizabeth

1 673 m²
- m²: 1 673 m²
- Hectares: 0.167 ha
- Acres: 0.413 acres

Contact Broker

Pieter Marais

Show Contact Number

Great investment opportunity (Great ROI)

Commercial opportunity ideally listed in the suburban area of Newton Park with ample office space that is divided up into 3 commercial dwellings, a three bedroom home and a two bedroom flatlet. With a total rental income of R51 299 plus VAT when all units are occupied!

Situated in the bustling street of King Edward, between 5th and 6th avenue is close to all amenities such as The Bridge Shopping Centre, William Moffett, good schools etc. Within close proximity to taxi/bus routes and is easily accessible to Cape Road and the N2 via Burt Drive.

Additional information:

Total erf: 1673sqm

Rental income

Office space 1: R16 000 plus VAT

Office space 2: R9 510.12 plus VAT

Office space 3: R9 000 plus VAT

Three bedroom house: R8 000 NO VAT

Two bedroom flatlet: R4 800 NO VAT

LISTING PRICE - R4 200 000 plus VAT.

Provides ample of yard space and is...

Listing number: P24-112974359, Image number: 1

Listing number: P24-112974359, Image number: 2

Listing number: P24-112974359, Image number: 3

Listing number: P24-112974359, Image number: 4

Listing number: P24-112974359, Image number: 5

Listing number: P24-112974359, Image number: 6

Listing number: P24-112974359, Image number: 7, Office space 1

Listing number: P24-112974359, Image number: 8

Listing number: P24-112974359, Image number: 9

Property Overview

Listing Number

112974359

Type of Property

Commercial Property

Street Address

47 King Edward Street, Newton Park

Description

Office

Listing Date

19 July 2023

Erf Size

1 673 m²

Rates and Taxes

R 4 768

External Features

Parking

Points of Interest

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