Commercial For Sale in Newton Park, Port Elizabeth

ref# 2011
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Asking Price : R 2 400 000 (140 762 EUR*)

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Province:Eastern Cape City:Port Elizabeth Suburb:Newton Park Garages:1 Erf Size: ± 1600 m2

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Property For Sale in Newton Park

Highly sought-after property for sale in Newton Park.

With an erf size of 1600m², a purchaser/developer could construct a warehouse structure of approximately 1000m² on the property.

Short-term residential tenants with a rental of approximately R12,000.00 per month in total.

The property is in the final stage of Business 1 zoning and will be ready for development.

Current dwelling is approximately 250m² in size with some of the out-buildings being utilised as residential rentals.

Purchasers/Developers can elect whether to renovate the existing infrastructure and utilise the property as offices/sales/showroom, alternatively the property can be demolished and the entire site can be redeveloped, either for self-owner usage or developed for tenants.

Contact me to view this property.

Disclaimer:  Whilst every endeavour has been made to ensure the accuracy herein, no liability will be accepted for any errors or omissions.