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R 4 200 000 Bond Calculator

Commercial Property for Sale in Newton Park

47 King Edward Street, Newton Park, Port Elizabeth


Commercial Property for Sale in Newton Park

47 King Edward Street, Newton Park, Port Elizabeth

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Erf Size: 1 673 m²

Great investment opportunity (Great ROI)

Commercial opportunity ideally listed in the suburban area of Newton Park with ample office space that is divided up into 3 commercial dwellings, a three bedroom home and a two bedroom flatlet. With a total rental income of R51 299 plus VAT when all units are occupied!

Situated in the bustling street of King Edward, between 5th and 6th avenue is close to all amenities such as The Bridge Shopping Centre, William Moffett, good schools etc. Within close proximity to taxi/bus routes and is easily accessible to Cape Road and the N2 via Burt Drive.

Additional information:
Total erf: 1673sqm

Rental income
Office space 1: R16 000 plus VAT
Office space 2: R9 510.12 plus VAT
Office space 3: R9 000 plus VAT

Three bedroom house: R8 000 NO VAT
Two bedroom flatlet: R4 800 NO VAT

LISTING PRICE - R4 200 000 plus VAT.

Provides ample of yard space and is very well positioned with excellent visibility. 15 secure parking bays with 4-off-street parkings; 3 electric motors running.

Total expenses including rates, water and sewage amounts to R7 353.29

Contact me today to arrange a viewing!


Property Overview

Listing Number
112974359
Type of Property
Commercial Property
Street Address
47 King Edward Street, Newton Park
Description
Office
Erf Size
1 673 m²
Rates and Taxes
R 4 768

External Features

Parking
15

Video Tour

Education

Paterson High School
0.81km
Alexander Road High School
0.85km
Cotswold Preparatory School
0.91km
Adolph Schauder Primary School
0.94km
Brylin Learning Centre
1.03km
St James (Rc) Secondary School
1.05km
Herbert Hurd Primary School
1.10km
St Teresa'S (Rc) Primary School
1.10km
Abraham Levy Primary School
1.18km
David Livingstone Secondary School
1.18km
Newton Park Primary School
1.22km
De Vos Malan Primary School
1.25km
Frank Joubert Primary School
1.28km
Dietrich Primary School
1.43km
View more

Food and Entertainment

Tiny's Sports Bar
0.75km
The Brewmaster
0.95km
Narai Siam Thai Kitchen
0.95km
Nandos
0.96km
KFC
0.97km
Blinking Owl
1.08km
La Festa
1.14km
Rome
1.20km
View more

Health

Klinicare
0.85km

Shopping

FNB - Newton Park
1.27km

Transport and Public Services

NG Wes
0.63km
Mater Dei Catholic Church
0.85km
Bethesda Congregational
0.96km
Newton Park Library
1.07km
Weis Memorial
1.32km
Salem Moravian
1.36km
View more

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Agents

Pieter Marais
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