UNDER OFFER
44 Bedroom Apartment Block For Sale in Port Elizabeth Central
R5,800,000
Monthly Bond Repayment R59,866.92
Calculated over 20 years at 11.0% with no deposit.
Web Ref
ORL12609
Monthly Rates
R12,320
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
Pets Allowed
No
Interior
Bedrooms
44
Bathrooms
23
Kitchen
23
Reception Rooms
23
Furnished
No
Exterior
Security
Yes
Pool
No
Sizes
Floor Size
2,086m²
Land Size
1,670m²
Sebastien Brazeau
Franchisee Registered with PPRA(FFC 2023261699)
Cell 081 308 6843
Office 041 378 1124
Simphiwe Stefane
Agent Registered with PPRA(FFC 202401072767283)
Cell 0642168522
Office 041 378 1124