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1,356m² Retail For Sale in Port Elizabeth Central

R3,800,000

Web Ref No ORC437

CENTRAL INVESTMENT AND DEVELOPMENT OPPORTUNITY

The property consist of the following:

Great student accommodation potential or convert the office space into apartments for rentals.
The building can provide 40 double rooms and can accommodate 80 students
The income potential is R3500 x 80 = R280 000/month once the property is renovated and accredited

This building is situated on the corner of Havelock and Lawrence street in Central, Port Elizabeth.
In the past, the building provided small retail shops on the ground floor and office space on the first & second floors. The building is currently vacant and requires some maintenance.

Contact us today for a viewing

R3 800 000 PLUS VAT

Features

Zoning Commercial
Monthly Rates R7,916.00pm Excl. VAT
Floor Size 1,356m²
Land Size 588m²

Broker Contact Details

Sebastien Brazeau
Only Realty JRE

Cell 081 308 6843
Office (041) 3781124
WhatsApp Me
Simphiwe Stefane
Only Realty JRE

Cell 0642168522
Office (041) 3781124
WhatsApp Me

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