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Commercial - Eastern Cape

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Established investment property for sale in Summerstrand, Port Elizabeth.(C1753)
 

Maintenance free, fully furnished and let to advanced students.
 

Price: ZAR 2.1 million
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Size:

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Map

Location:
This multi purpose property is situated in the elegant, up market suburb of Summerstrand in Port Elizabeth. Not only is it a mere 5 minutes drive from the beachfront, but nearby amenities include the Boardwalk Casino complex, Summerstrand Village Shopping Centre, the Humewood Links Golf Course, and the NMMU.

Description:
This maintenance free investment property is let to advanced students. There are 9 fully furnished bedrooms let for the year's semesters. It can also be used as a holiday house over December and January for extra income.

Monthly rental income totals +- R16 000.

Main House:
5 x  Bedrooms
2 x  Bathrooms
Open plan lounge, dining room, kitchen area and with a study.

Flatlet:
1 x Bedroom
1 x Bathroom and  a Kitchenette

Upstairs Flat:
3  x bedrooms
1 x Bathroom, Lounge and Kitchenette

There are 2 Garages and an Off - Street parking area.

This property is registered as a Vat Vendor.

 

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