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40 Bedroom Apartment For Sale in Port Elizabeth

42 Uitenhage Road, Port Elizabeth, Eastern Cape, South Africa
R 10500000
RunningCosts Bond
Costs
Property Type Apartment
Erf Size 3209 m2
Levies R 0
Listing Date October 18, 2024
Floor Size 4520 m2
Rates and Taxes R 0
Details
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Street view
Local info

Property description

**Prime Investment Opportunity: Multi-Unit Property with Retail Outlets**

Discover a unique investment opportunity with this exceptional property, featuring two blocks of flats and a standalone 3-bedroom house. Perfectly positioned to capitalise on rental income and commercial potential, this property is a rare find in today's market.

The residential component comprises 39 apartments spread across 1 to 3 storeys, offering a diverse range of living spaces to suit various tenant needs.
The breakdown includes 18 bachelor units, 6 one-bedroom units, 9 two-bedroom units, and 6 three-bedroom units, plus a freestanding three-bedroom house.

Complementing the residential offerings are 5-6 ground floor retail outlets, encompassing approximately 1209 square meters.
These spaces provide an excellent opportunity for businesses looking to establish a presence in the area, benefiting from built-in customer-base from the residential apartments above.

Tenants will appreciate the convenience of 46 secure off-street parking bays, ensuring easy access and peace of mind for all.

While every effort has been made to ensure the accuracy of the information provided, prospective purchasers are encouraged to verify details independently.

Don't miss out on this remarkable investment opportunity. Contact me today to arrange a viewing and explore the full potential of this property!

  • No Pets Allowed
  • Uncovered Parking
  • Bachelor
  • Commercial Property
  • For Sale
  • Investment Opportunity
  • Parking
  • Rare Opportunity

Request property details from Trafalgar Property Management Port Elizabeth

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