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7 Bedroom House For Sale in Port Elizabeth

Port Elizabeth
R 680000
RunningCosts Bond
Costs
Property Type House
Erf Size 290 m2
Levies R 0
Listing Date March 26, 2024
Floor Size 200 m2
Rates and Taxes R 0
Details
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Local info

Property description

This property in the heart of Zwide offers a great opportunity to build your wealth.  A large part of the property has been converted to a gym with a healthy number of members.  The monthly income from the gym is approximately R8000.  The house was also converted to accommodate one bedroom with kitchen, lounge, kitchen and bathroom.  There are also 6 rooms (flats) fully rented out to tenants at an average price of R700 per room.  The owner resides in the house and that can also be rented out   for R1500 p/m.  The total income for this property would be around R14 000 per month, which is a good investment.

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