If you are looking for a great investment opportunity, this one is for you. This is a neat 5-bedroom home situated in the heart of Central, Port Elizabeth (Gqeberha). Centrally located with convenient access to public transportation, amenities and restaurants.
Ground floor offering a spacious kitchen with ample built-in-cupboards and a double sink. 3-bedrooms solid wooden flooring and built-in-cupboards. One bathroom including bath basin and loo with a separate toilet room. Lower ground offering two spacious bedrooms and a one bathroom.
*All the existing furniture is in good condition and can be purchased for an additional R50 000.*
With a strong demand for room rentals that are easily tenanted with a generated income below per room:
Room 1: R2 050
Room 2: R2 780
Room 3: R2 700
Room 4: R1 950
Room 5: R1 950
Expenses:
Pre-paid electricity on average at R1 500 per month
Wifi at R775 per month
Atlas Security at R435 per month
Cleaning Lady at R250 per week (plus cleaning materials)
Current rate & taxes: R755.10
Don''t miss out on this fantastic investment opportunity, contact us TODAY to arrange a viewing!