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R539,000 | 16 Bedroom Freehold For Sale in Kwazakhele

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R539,000

Monthly Bond Repayment R5,655.48
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Property Investment Opportunity for Sale in KwaZakhele 2

REDUSED TO SELL- Perfect Investment Opportunity for Accommodation and Business Venture.

These buildings are in the heart of KwaZakhele 2 and they consists of two separate buildings, under the same Erf and they are sold as one. These two buildings consists of various options, one can be used for commercial purposes as a butchery, in which it already has a history.

The property is close to all amenities that the area offers. For instance theres a clinic opposite the property and it is also close to daku shopping center, BP garadge and much more.

The other building can be used for residential purposes, demand is there for working Class & student accommodation, as there is the NMU Vista campus and Port Elizabeth College Iqhayiya Campus, both 3.2km away.

There is 120 square meters under roof for the large double storey building, and 250 square meters for the single story building.

The double story building has 4 units on each floor with a total of 8 units. Each unit has 2 rooms equivalent to 16 rooms in the building alone.

Potential income for rentals in the double story building is +-18000, the other building has potential income of +-10 000. The property also offers car parking infront of the property.

Contact us to Take you Through this Opportunity!!

Features

16
3
Pets Allowed
Yes
Interior
Bedrooms
16
Bathrooms
3
Kitchen
1
Furnished
No
Exterior
Security
No
Parkings
4
Pool
No
Sizes
Floor Size
370m²
Land Size
468m²
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-33.869753, 25.5828876
Christopher Xotongo
Christopher Xotongo
Non-Principal Property Practitioner Show number View my listings WhatsApp
Odwa Zimba
Odwa Zimba
Non-Principal Property Practitioner Show number View my listings WhatsApp
1
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