R 1 695 000
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11 Bedroom House in Port Elizabeth Central

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11 5 1 819 m² 405 m²

CENTRAL 11 BED 5 BATH HOUSE WITH PARKING FOR SALE

CALLING ALL INVESTORS - Great Rental Income Opportunity!

ROOM RENTALS: FULLY TENANTED

THE PROPERTY CONSISTS OF THE FOLLOWING:

5 apartments with a total of 11 rooms.

Monthly Rental Income: R 21 950

Monthly Expenses: R 6 558.74

Monthly Net Income: R 16 228.99

Yearly Net Income: R 194 747.93

ROI: 10.53%

Unit 1: 3 bedrooms

Unit 1B: 2 bedrooms

Unit 3: 2 bedrooms

Unit 5: 3 bedrooms

Unit 7: 1 bedroom

Each unit has their own separate electricity & water meter.

Secure Clearvu fencing

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

Property details

  • Listing number T4941131
  • Property type House
  • Listing date 30 Jan 2025
  • Land size 819 m²
  • Floor size 405 m²
  • Rates and taxes R 2 433

Property features

  • Bedrooms 11
  • Bathrooms 5
  • Open parking 1
  • Security post

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