Property - Commercial Property - Port Elizabeth - Newton Park

Good Investment Potential, Newton Park - #I-2057

Sold

Multi-Functioning Premises - Good Rental Income

 

Area 1 currently a hair salon with office, toilet and showroom

Area 2 small restaurant / coffee room,  bar room, kitchen and toilet

 

NOTE: VAT IS PAYABLE ON THE PURCHASE PRICE

 

Contact Us
Rolene Kotze 041-487-3957 Email

Item Specs

Stand Size 813m²
Zoning Business 1
Current Income R12,900.00 per month
Property Address 58 3rd Avenue
Title deed number T72506/2007
Diagram deed number T2980/1927
Municipal land valuation R3,950,000.00
Monthly rates Approximately outstanding R60,000.00 due and payable by the purchaser over and above the purchase price
Erf No. 1689, Newton Park
Street Name 3rd Avenue
Street No. 58
Suburb Name Newton Park
City Port Elizabeth
Conditions of Sale - 444.2 KB
Rules of Auction - 206.9 KB
Municipal Documentation and Zoning Information - 728.2 KB
Lease Agreements - 2 MB

Viewing Dates and Times

Sunday 29 November 2015 at 14.00 pm - 16.00 pm

Terms and Conditions

Terms: The purchaser will pay a 10% deposit plus 5% auctioneers commission on the fall of the hammer, the balance is payable on registration of transfer. The purchaser is liable for the outstanding municipal account. The purchase price is subject to 14% VAT.

Item Address

Map View | Street View | View Larger Map | Directions
Address:58 3rd Avenue, Newton Park, Port Elizabeth, South Africa
GPS Coordinates: -33.95058 25.56809

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