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North End, North End, Port Elizabeth (gqeberha), Eastern Cape
R 2 590 000
Investment Opportunity in Vibrant North EndAttention investors! We are excited to present a promising investment opportunity in the bustling North End area.This versatile property offers four flats. Three of the flats are spacious 3-bedroom units, each with a lounge, kitchen, and bathroom. The fourth flat is currently being operated as a restaurant, featuring a large dining area, a medium dining space, a cozy enclosed balcony, a kitchen, and a bathroom.In addition, the property includes six single rooms, all currently rented out, and six open parking spaces for tenants and guests.The property is fully tenanted, generating a steady monthly rental income of R32,000.00. While it does require some maintenance and updates, its current occupancy and income potential make it a valuable investment.Dont miss this opportunity.For more information or to schedule a viewing, please contact us.GIBELA TRADE AND INVEST 1204 PTY LTD trading as REMAX Border Beacon Bay operates in terms of a franchise agreement with REMAX of Southern Africa. Show more Show less
Estimated monthly repayment
R 24 458
on a R 2 331 000 bond over 20 years at 11.25%
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North End, North End, Port Elizabeth (gqeberha), Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Michael Fourie
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