Office Sold

Ref # Ent0157294 : North End , Port Elizabeth , Eastern Cape

R 6,999,999

Property Description

This office block is located in the business district of North End close to Govan Mbeki.

53 offices with a mixture of proffessional tenants including attorneys, financial consultants & security services.

Most tenants on a month-month. Could be converted to a student pad.

Important info:

*Gross Income - R76 188.33

*Expenses - R11 000

*NOI - R65,188,33

*GLA - 1349 sqm

Nett yield at 9,4%.

Inside

3 Floors

Most offices have their own kitchen.

Male/Female toilets

Amenities

Easy access to main roads

Close to Pier 14 & Greenacres Mall

Property Features

  • Property Type Office
  • Beds 53
  • Bath 1
  • Building Size 1,349m²
  • Stand Size 159m²
  • Rates & Taxes ± 6191

Property Location