R2,850,000

7 bedroom business for sale in Newton Park

2 Mc Adam Street
7 Beds
4 Baths
325m²
1,372m²
Newton Park Investment – Income & Future Growth

This strategically located property offers a rare dual opportunity: current rental income from student accommodation, plus future upside with Business 1 zoning in progress.

Highlights:

  • Main property ±325sqm: 7 bedrooms, 4 showers, kitchen & lounge
  • 2-bedroom flatlet + full flatlet
  • Erf ±1,372sqm with ample parking & 4-car carport
  • Positioned on Langenhoven Drive for high visibility & accessibility

Why This Property Works:

Immediate rental returns to offset holding costs

Zoning upgrade unlocks offices, retail, medical suites, or mixed-use

Strong long-term growth potential in Newton Park

This is a solid “income now, growth later” opportunity — ideal for developers and investors looking to position themselves in a prime area.

Contact us today to explore this bundle investment.

Property Type
Business
Bedrooms
7
Bathrooms
4
Stand Size
1,372m²
Building Size
325m²
Living Area
1
Covered Parking
4
Rates & Taxes
R1,772
Flatlet
Yes
Covered Parking
Yes
Garden
Yes
Reference
2419686
Address
2 Mc Adam Street
Property history
Listed for sale at R2,850,000
18 Sep 2025
Get to know Gqeberha
Gqeberha (Port Elizabeth) is also known as the “the windy city” or “the friendly city” and is the second oldest city in South Africa. While the city is steeped in history and culture it is a bustling city with many businesses and industrial ventures.
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