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North End, North End, Gqeberha, Eastern Cape
R 1 350 000
Commercial Property for Sale – 16 Trafalgar Square An excellent income-generating commercial property situated at 16 Trafalgar Square, ideally suited for investors, professionals, or business owners seeking a well-located and versatile asset. The property comprises 5 separate rooms, each currently let to residential tenants, offering immediate rental income with the opportunity to optimise returns. The layout allows for multiple uses, including offices, consulting rooms, studios, or small business operations. Shared kitchen & bathroom. Rental Income Breakdown Room 1: Let at R 2000 per month Room 2: Let at R 4000 per month Room 3: Let at R 2500 per month Room 4: Let at R 2500 per month Room 5: Let at R2500 per month Additional small room that was let out for R1500pm (currently empty) Total Monthly Rental Income: R 15000pm when fully let
Estimated monthly repayment
R 12 748
on a R 1 215 000 bond over 20 years at 11.25%
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North End, North End, Gqeberha, Eastern Cape
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Listed by
Nomvula Modise
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