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R 5 800 000

44 Bedroom Apartment / Flat for Sale in Port Elizabeth Central

Port Elizabeth Central, Port Elizabeth

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44
23
2 086 m²

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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: P24-113897095, Image number: 1, Image

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Property Overview

Listing Number

113897095

Type of Property

Apartment / Flat

Listing Date

25 January 2024

Erf Size

1 670 m²

Floor Size

2086 m²

Price per m²

R 2 780

Rates and Taxes

R 12 320

Pets Allowed

Rooms

Bedrooms

Bathrooms

Kitchens

Reception Rooms

Points of Interest

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