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R1,250,000 | 413m² Warehouse For Sale in North End

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Welcome to a lucrative investment opportunity!

This mixed-use property offers the perfect blend of commercial and residential spaces, ensuring a steady stream of income for savvy investors.

At the forefront of this property are two bustling commercial sites: a vehicle service workshop and a spray paint business. These businesses cater to the automotive needs of the local community.

In addition to the commercial spaces, this property boasts eight residential accommodation units, providing comfortable living spaces for tenants. Each unit is thoughtfully equipped with its own prepaid electricity meter, geyser, and water meter, offering convenience and autonomy to residents. This setup simplifies management and maintenance tasks for the property owner.

Currently, the property enjoys a monthly net income of R24000, providing a stable and attractive return on investment.

Recent maintenance efforts, including a fresh coat of paint and a re-rubberized roof, ensure that the property is not only visually appealing but minimizing future maintenance expenses.

Don't miss out on this exceptional investment opportunity.

Features

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Zoning
Industrial
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
413m²
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-33.9495127, 25.6087525
Meryl Connett
Meryl Connett
Port Elizabeth Commercial Show number View my listings
Christo Pretorius
Christo Pretorius
Port Elizabeth Commercial Show number View my listings
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