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