Investment property with long standing tenant

R950,000

North End, Port Elizabeth, Eastern Cape

Commercial Property for sale in North End, Port Elizabeth, 332 m²

North End, Port Elizabeth, Eastern Cape

R950,000

Ref:1556173
2Bath
332
Type: Commercial Property

Description

This well-positioned investment property offers an excellent opportunity for buyers seeking stable returns and built-in risk mitigation. The building is fully tenanted, featuring two established commercial tenants along with a comfortable two-bedroom flat.

With two separate rental income streams, the property provides added financial security and resilience against vacancy risk. The main commercial tenant operates a long-standing, well-established business, adding further reliability to the investment.

The building is equipped with three-phase power, making it highly suitable for a range of commercial uses.

Financial Overview:

Gross Monthly Rental Income: R16,600
Monthly Rates: R2,100

This is a solid, income-producing asset ideal for investors looking to expand their portfolio with a property that delivers consistent returns and long-term value.

Location

North End, Port Elizabeth, Eastern Cape

Data

Object TypeCommercial Property
Purchase PriceR950,000
Living Space332 m²
Plot Size332 m²
Bathrooms2
Construction YearN/A
ConditionNot specified
RoomsN/A

Financial Information

RatesN/A
LevyN/A
Special LevyN/A

Contact Agent