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R5,800,000 | 44 Bedroom Apartment Block For Sale in Port Elizabeth Central

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R5,800,000

Monthly Bond Repayment R59,866.92
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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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”

Features

44
23
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
1
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