R5,995,000
$325,139
£251,161
€298,689

House for sale in Steytler

8 Larch Avenue
1,000m²
1,008m²
Pets Allowed
House For Sale In Steytler

INVESTMENT OPPORTUNITY OF THE YEAR!

1000sqm Commercial Building for Sale in Steytlertownship, Port Elizabeth.

KEY FEATURES: >>

- 5 large shops and 5 spacious flats (fully tenanted)

- 4 x 2-bedroom flats and 1 x 1-bedroom flat, newly painted and renovated

- Ample open and secure parking

- Prime location along public transport route

- Highly visible corner position at a busy intersection

- 3-phase electricity and pre-paid electricity meters

- Electric fence and CCTV cameras for enhanced security

- 2 x Jojo tanks for water storage

FINANCIAL PROJECTIONS: >>

- Current monthly income: R68,600

- Proposed monthly income: R84,000

- Rates and taxes: approximately R10,000 per month

BRILLIANT RETURN ON INVESTMENT!

Don't miss this incredible opportunity to own a high-yielding commercial property. Contact me today for a private viewing and access to financials.

Serious investors only, please.

Contact Dexter Kannemeyer to arrange a viewing.

Property Type
House
Stand Size
1,008m²
Building Size
1,000m²
Rates & Taxes
R10,000
Pets Allowed
Yes
Double Storey
Yes
Reference
ENT0288149
Address
8 Larch Avenue
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R71,879
Home loan repayment
R61,879
Rates and taxes
R10,000
Utilities
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R0
Property history
Listed for sale at R5,999,000
22 Oct 2024
Price reduced by 0.1% to R5,995,000
09 Feb 2025
Get to know Port Elizabeth
Gqeberha (Port Elizabeth) is also known as the “the windy city” or “the friendly city” and is the second oldest city in South Africa. While the city is steeped in history and culture it is a bustling city with many businesses and industrial ventures.
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