44 Bedroom Apartment For Sale in Port Elizabeth Central, Port Elizabeth
Port Elizabeth Central, Port Elizabeth
R 5800000
BondCosts
Property Type
Apartment
Erf Size
1670 m2
Levies
R 0
Listing Date
January 24, 2024
Floor Size
2086 m2
Rates and Taxes
R 12320
Details
Map
Street view
Local info
Property description
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”
- Security Features
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Listed on January 24, 2024
Repayment Costs
R
Monthly Total
Earn
R 0
from cashback on your bond
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
