44 Bedroom Apartment Block For Sale in Port Elizabeth Central
R5,900,000
Monthly Bond Repayment R63,938.72
Calculated over 20 years at 11.75% with no deposit.
Web Ref No ORL12609
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”
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”
Features
Bedrooms 44
Security Yes
Bathrooms 23
Recep. Rooms 23
Floor Size 2,086m²
Land Size 1,670m²
Monthly Rates R12,320.00
Security Yes
Bathrooms 23
Recep. Rooms 23
Floor Size 2,086m²
Land Size 1,670m²
Monthly Rates R12,320.00
Agent Contact Details
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