6 Bedroom House For Sale in Port Elizabeth
7 Cleeve Road, Port Elizabeth, Eastern Cape, South Africa
R 1890000
BondCosts
Property Type
House
Erf Size
833 m2
Levies
R 0
Listing Date
August 30, 2024
Floor Size
265 m2
Rates and Taxes
R 2300
Details
Map
Street view
Local info
Property description
This property features four distinct living spaces, all fully tenanted, generating a monthly income of R 21,675.
The main house is currently rented at R 3,000 per room for three rooms, complete with communal bathrooms, a lounge, and a kitchen. Additionally, there are two one-bedroom flats available, each renting for R 4,000 per month. There's also a one-bedroom unit with a carport, private yard, and braai area, available for R 4,675 per month.
Moreover, there is potential to build two additional flats on the property.
Seize this fantastic investment opportunity!
- Freehold
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Listed on August 30, 2024
Repayment Costs
R
Monthly Total
Earn
R 0
from cashback on your bond
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
