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.
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