X

10 Bedroom House For Sale in Port Elizabeth Central

R1,395,000


Monthly Bond Repayment R14,876.69
Calculated over 20 years at 11.5% with no deposit.

Web Ref No RL5940

Massive Income Potential

Massive Income Potential

This 4-unit apartment block from a bygone era awaits someone to turn it into its full potential.

The property is situated on the quiet side of Central and consists of the following:

2 Upstairs units consist of 2 bedrooms, a kitchen and a bathroom

2 Ground floor units consist of 3 bedrooms, a kitchen and a bathroom

The flatlet consists of a kitchenette, a bathroom, and a living/sleeping area

This property can be a great income generator if managed correctly.

Monthly Rental Income: R19 500

Monthly Expenses: R8 159

Monthly Net Income: R11 341

Yearly Net Income: R136 094

ROI: 8,78%

Call me to arrange your private viewing.

Every effort has been made to ensure the content of this advert is correct, however, no responsibility will be borne for any errors or omissions it may contain.

Features

Bedrooms 10
Bathrooms 4
Flatlet 1
Recep. Rooms 4
Floor Size 264m²
Land Size 574m²
Monthly Rates R2,000.00

Agent Contact Details

Message the Agent

We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy

1 of 1
I accept your privacy terms. Privacy Policy
We will communicate real estate related marketing information and related services. We respect your privacy. See our Privacy Policy