Commercial for sale
Secure steady income on Larch Avenue in Steytler, Port Elizabeth — close to Mercantile Hospital and Commercial Road. Triple-storey mixed-use with five shops, five flats, R84,000/month potential.
Incredible Investment Opportunity in Port Elizabeth!
An extraordinary chance awaits you to become part of the vibrant commercial hub of Steytler, Port Elizabeth! Presenting Van's Building, an exceptional mixed-use property offering unmatched potential for investors.
Perfect Location: Positioned strategically on Larch Avenue, just off Kempston Road, Van's Building stands out as an opportunity hub in close proximity to prestigious landmarks like Mercantile Hospital, Aspen Pharmacare, and Commercial Road. Surrounded by residential and commercial properties and schools.
Versatility at its Best: Featuring a triple-story layout, including a basement area, this impeccably designed building comprises 5 retail shops and 5 spacious flats, all fully tenanted, ensuring a constant stream of income.
Convenience & Accessibility: With secure parking bays for flat tenants and ample parking spaces in front of the shops, convenience is paramount for both residents and visitors alike.
Tailored for Retailers:Capitalize on prime exposure and signage opportunities, making Van's Building the ultimate choice for retailers seeking to enhance their business presence.
Profitable Investment: With a potential monthly income of R84,000, this property guarantees exceptional returns in Port Elizabeth's dynamic market, making it a wise investment decision.
Secure & Well-Maintained: Enjoy peace of mind with top-notch security features including CCTV cameras, electric fencing, and 2 JOJO tanks, ensuring the safety of tenants and owners alike.
Property Specifications:
- Zoning: Business 1
- Erf Size: 1008m2
- Approx. Floor Area: 1000m2
- Utilities: 3 Phase Electricity, Pre-Paid Meters
For more information and to seize this remarkable opportunity, inquire now! Your pathway to success begins at Van's Building in Steytler, Port Elizabeth.
Financials available on request. Projected 5 year income upon request.
Contact the Agent
Listed for sale at R5,550,000
Steytler is a quiet, centrally located residential suburb in Gqeberha that offers residents convenient access to major transport routes, essential urban amenities, and the city's coastal attractions.
