R6,999,999

53 bedroom office for sale in North End

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 Type
Office
Bedrooms
53
Bathrooms
1
Stand Size
159m²
Building Size
1,349m²
Rates & Taxes
R6,191
Like this Office? Based on the bond repayments Get pre-qualified
Get to know Port Elizabeth
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.
Contact Agent
or
Save
Email me similiar properties View similiar properties near this one
office listed on 27 Jan 2020