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11 Bedroom House For Sale in Port Elizabeth Central

R1,825,000


Monthly Bond Repayment R18,837.44
Calculated over 20 years at 11% with no deposit.

Web Ref No ORL28071

CENTRAL 11 BED 5 BATH HOUSE WITH PARKING FOR SALE

CALLING ALL INVESTORS - Great Rental Income Opportunity!
ROOM RENTALS: FULLY TENANTED

THE PROPERTY CONSISTS OF THE FOLLOWING:
5 apartments with a total of 11 rooms.

Monthly Rental Income: R 21 950
Monthly Expenses: R 6 558.74
Monthly Net Income: R 16 228.99
Yearly Net Income: R 194 747.93
ROI: 10.53%

Unit 1: 3 bedrooms
Unit 1B: 2 bedrooms
Unit 3: 2 bedrooms
Unit 5: 3 bedrooms
Unit 7: 1 bedroom

Each unit has their own separate electricity & water meter.
Secure Clearvu fencing

“The information provided is believed to be true and correct but does not form part of any agreement”

Features

Bedrooms 11
Security Yes
Bathrooms 5
Floor Size 405m²
Land Size 819m²
Carports/Parkings 5
Monthly Rates R2,433.19

Agent Contact Details

Xavier Salsone
Only Realty JRE

Cell 0848515636
Office (041) 3781124
WhatsApp Me
Sebastien Brazeau
Only Realty JRE

Cell 081 308 6843
Office (041) 3781124
WhatsApp Me

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