10 Bedroom House For Sale in Port Elizabeth Central
R1,395,000
Monthly Bond Repayment R14,637.12
Calculated over 20 years at 11.25% 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.
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
Bathrooms 4
Flatlet 1
Recep. Rooms 4
Floor Size 264m²
Land Size 574m²
Monthly Rates R2,000.00
Agent Contact Details
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