44 Bedroom Apartment For Sale in Port Elizabeth Central, Port Elizabeth

Property description

EXCELLENT STUDENT ACCOMMODATION OPPORTUNITY!

CALLING ALL INVESTORS:

Monthly Rental Income: R107 340
Water recovery: R5 700
Monthly Expenses: R43 555
Monthly Net Income: R69 485
Yearly Net Income: R833 820
ROI: 14,13%

R5 900 000 (BRING OFFERS!)
SOLE MANDATE

THE PROPERTY CONSISTS OF THE FOLLOWING:

3 APARTMENT BLOCKS - 24 apartments
Unfurnished

ALL TENANTED with Leases and deposits

4 RETAIL SHOPS

ALL TENANTED with Leases and deposits

“The information provided is believed to be true and correct but does not form part of any agreement”