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2242 Amalinda Main Road, Amalinda, East London, Eastern Cape
R 3 800 000
Discover a prime investment opportunity with this strategically located erf of 1029 m² situated on the corner of a bustling main road. This high-traffic area is a commercial hub, featuring a gym, coffee café, fuel station, car dealerships, and a vibrant shopping complex, ensuring consistent foot traffic and visibility. The property is a semi double-storey building, offering 5 spacious bedrooms and four bachelor flats, generating a rental income of R25 000 per month. Its versatile layout and location make it ideal for both residential and commercial use. Additionally, the property has the potential to be registered as a commercial zone, opening up further development opportunities. Whether you’re looking to expand your property portfolio or develop a thriving business space, this property provides the perfect foundation. The high demand in this area and its proximity to key amenities make it a valuable asset for any investor. Don't miss out on this exceptional opportunity to secure a property in a booming market. Make an offer today and take the first step toward a lucrative investment in a thriving commercial corridor!
Estimated monthly repayment
R 35 885
on a R 3 420 000 bond over 20 years at 11.25%
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2242 Amalinda Main Road, Amalinda, East London, Eastern Cape
Area view — the exact address is shared on enquiry.
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