Commercial Property For Sale in Mount Pleasant, Port Elizabeth

R 7,500,000.00
  • Description
  • Address
  • Details

Description

Priced at R7 500 000 excluding VAT, this is a great opportunity to invest in a commercial property with a good return.
This well-maintained Centre is situated on the busy Buffelsfontein Road in Mount Pleasant.
The Centre has plenty of secure parking with easy access both in and out onto Buffeslsfontein Road.
The car park has a pylon sign board displaying all the names of shops.
The Centre has leases in place for 90% of the shops.
The Centre has an added advantage of a large flat above the shops which receive a good rental.
The Centre comprises of the following

Shop 1. 116 sqm
Shop 2. 57 sqm
Shop 3. 85 sqm
Shop 4. 85 sqm
Shop 5. 97 sqm
Shop 6. 72 sqm
Shop 7. 35 sqm
Shop 8. 58 sqm
There is a large flat upstairs 160 sqm

The current rental is at an escalation of 8% per annum.

Contact me today for a viewing

Address

  • City: Port Elizabeth
  • State/county: Eastern Cape
  • Zip/Postal Code: 6001
  • Neighborhood: Mount Pleasant
  • Country: South Africa

Detail

Updated on December 21, 2020 at 9:30 am

  • Property ID: 4483176
  • Price: R 7,500,000.00
  • Property Size: 765 m²
  • Land Area: 2206 m²
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Rates: R 9,566.00
  • Levy: R 0.00
  • Gardens:

Contact info

Barry Carter
Barry Carter
0826001764

Enquire about this property

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