R 2,995,000
Prime Business Opportunity – Versatile Property in a Prime Location
Ref # 2362903 : Newton Park , Port Elizabeth , Eastern Cape
Property Details
Unlock the potential of this strategically located property, currently operating as student accommodation and in the process of securing Business 1 zoning. This sought-after classification allows for a wide range of commercial opportunities, making it a blank canvas for entrepreneurs, developers, or investors looking to maximize its potential. Bordering on Langenhoven Drive, Newton Park.
Property Features:
Main Property (325 sqm)
- 7 Bedrooms (3 double, 4 single)
- 4 Showers
- Open-plan kitchen & lounge
- Basement storage
Additional Accommodation
- 2-Bedroom flatlet
- Full flatlet with an open-plan lounge, dining, and kitchen
Expansive Grounds (1,372 sqm)
- Ample parking space
- Carport for 4 vehicles
Key Highlights:
Business 1 Zoning in Progress – Unlock various commercial possibilities
Prime Location – High visibility and excellent accessibility
Versatile Use – Ideal for offices, retail, medical suites, student accommodation, or mixed-use development
High Investment Potential – Immediate income-generating opportunities with a projected rental income of R48,500 per month
Whether you’re looking to expand your business, develop a high-yield commercial property, or capitalize on the demand for flexible workspaces, this property offers unmatched potential.
Contact us today to explore this exceptional investment opportunity!
Property Features
- Property Type House
- Beds 7
- Bath 4
- Carports 4
- Building Size 325m²
- Stand Size 1,372m²
- Living Area 1
Associated Costs
- Rates & Taxes ± 1772
Location
Enquiry
Interested in property 2362903? Please fill in your details below, and we will contact you as soon as possible.