R3,949,500
RICHMOND HILL APARTMENT BLOCK FOR SALE
CALLING ALL INVESTORS:
THE PROPERTY CONSISTS OF THE FOLLOWING:
Fully tenanted - next to the Provincial Hospital
9 apartments consisting of 6 x 3 beds, 2 x 2 bed and a bachelor apartment.
All units are well maintained with prepaid electricity meters & prepaid water meters
The building has been fitted with aluminium windows. The building has been recently painted.
Remote gate access to garaging and off street parking.
The building is zoned RES 3 and not sectional title units.
Monthly Rental Income: R48 000
Monthly Expenses: R18 487
Monthly Net Income: R29 513
Yearly Net Income: R354 161
ROI: 9%
R3 949 500.00 (NEGOTIABLE)
Features
Exterior
Sizes
Get Email Alerts
Sign-up and receive Property Email Alerts of Apartment Blocks for sale in Richmond Hill, Port Elizabeth.
Disclaimer: While every effort will be made to ensure that the information contained within the Only Realty website is accurate and up to date, Only Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
