New Listing

Commercial Property for sale in Port Elizabeth Central

R7,100,000
  1. 283m²
  2. Web Ref: 1357603
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Property Features

ERF Size 283 m²
Building Size 900m²

CALLING ALL INVESTORS!

3 PROPERTIES FOR ONE PURCHASE PRICE!

STUDENT ACCOMMODATION POTENTIAL | ±80 BEDS | PRIME CBD LOCATION

An exciting investment opportunity to acquire THREE PROPERTIES – No. 6, 8 & 10 – as one package for a single purchase price, situated in the heart of the Gqeberha CBD.

The advertised purchase price is for ALL THREE properties and is exclusive of VAT.

Ideally positioned directly opposite Shoprite and ABSA, this property package offers excellent potential for an investor looking to unlock future income opportunities in a highly central location.

STUDENT ACCOMMODATION POTENTIAL

The three properties offer potential for approximately 80 student accommodation beds, subject to the necessary approvals.

The central location, accessibility and proximity to a wide range of amenities make this an opportunity well worth exploring for investors looking to enter or expand within the student accommodation market.

THREE PROPERTIES INCLUDED

The sale includes:

No. 6
No. 8
No. 10

All three properties are included in the advertised purchase price.

The main building is currently utilised by the owner, a reputable established attorney's firm.

INVESTMENT HIGHLIGHTS

3 properties included in ONE purchase price
Purchase price exclusive of VAT
Prime Gqeberha CBD location
Directly opposite Shoprite & ABSA
Potential for approximately 80 student accommodation beds, subject to approvals
Existing commercial use
Close to public transport and all major amenities
Excellent potential for future development and income generation

A UNIQUE INVESTMENT OPPORTUNITY

Opportunities to acquire three properties as one investment package in such a central CBD location are not often available.

Whether your vision is student accommodation, continued commercial use or another suitable development opportunity, this property package offers location, scale and exciting potential.
ONE PURCHASE PRICE. THREE PROPERTIES. A WEALTH OF POTENTIAL.

Every effort has been made to ensure that the content of this advertisement is correct; however, no responsibility will be accepted for any errors or omissions it may contain.

Location

Contact the broker

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Angelique Pearson
Candidate Property Practitioner
Registered with the PPRA

Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA

92 Hurd Street, Newton Park

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