Mixed Use for sale
Combine urban living and income in historic Mount Croix on Clevedon Road — Edwardian charm, private garden courtyard, two commercial units and three bedrooms with two and a half bathrooms.
Exceptional Mixed-Use Commercial Property in Mount Croix
1 YEAR RENTAL SIGNED
Discover a unique investment opportunity at Clevedon Road 14, Mount Croix, Port Elizabeth.
This exceptional mixed-use property, classified as Business Zone 1, seamlessly combines commercial potential with residential comfort, making it a true gem in a metropolitan and suburban setting.
The building boasts charming Edwardian architecture, with its heritage features meticulously retained, offering a distinctive aesthetic appeal.
Spanning a generous 210m2 of lettable area, the property comprises two versatile commercial units (UNIT 1 + UNIT 2) alongside two independent residential units.
The residential accommodation features three well-proportioned bedrooms, 2 bathrooms, and two kitchens, catering perfectly to dual living arrangements or additional rental income streams.
Situated on a 501m2 erf, this property provides ample space and functionality. A significant advantage is the provision of five dedicated parking spaces, a valuable asset in any commercial or residential location.
Its strategic position in Mount Croix (on the border of Mount Croix and Richmond Hill), ensures excellent accessibility and visibility, enhancing its appeal for both business operations and residential tenants. This is a prime opportunity to acquire a versatile asset with strong income generation in a desirable area.
Unit 1
84m2 , Possible rental: R8,500
Made up of three spaces. Previous tenants - restaurant and Olive shop. Kitchenette and grease drip tray in place.
Unit 2
29m2 , Possible rental: R3,500
Currently used for a workshop/additional parking. Toilet installed.
Parking space behind two secure gates for up to five vehicles
Flat 1
44m2
One bedroom with built in rails and shelves
Separate toilet, basin and shower with washing machine connection
Beautiful renovated modern kitchen with open plan living area opening to the garden courtyard
Flat 2
56m2
Kitchenette with gas hob
Spacious open plan living area
Master bedroom with en-suite shower and study nook
Second smaller room which can serve as a second bedroom or an office space
Key Features
Mixed-Use Property (Business Zone 1)
Two Commercial Units & Two Residential Units
Current Income: R25 000/month , 1 YR LEASE IN PLACE (EXPIRES JULY 2027)
Edwardian Architecture with Retained Heritage Features
210m2 Lettable Area on 501m2 Erf
Three Bedrooms, 2 Bathrooms, Two Kitchens
Five Dedicated Parking Spaces
Prime Mount Croix Location
Listed for sale at R2,010,000
Mount Croix is a tranquil, centrally located residential suburb in Gqeberha known for its leafy streets, historic charm, and convenient proximity to major schools and the city center.