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R 2 500 000

Commercial Property for Sale in Richmond Hill

Richmond Hill, Port Elizabeth

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450 m²

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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: P24-114113297, Image number: 1

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Property Overview

Listing Number

114113297

Type of Property

Commercial Property

Listing Date

08 March 2024

Erf Size

393 m²

Floor Size

450 m²

Rates and Taxes

R 3 004

Building

Multi Tenanted

Points of Interest

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