Property - Commercial Property - Port Elizabeth - Newton Park

Investment Opportunity, Good Rental Income, Newton Park - #I-2058

Sold

Neat Business Premises, Newton Park

 

Vacant Space (Estimated Income approx. R5000.00 per month)

workshop space

reception area

2 offices

 

Tenant  2

2 showrooms

office

 

Tenant 3

2 offices

kitchen

bathroom

 

NOTE: VAT IS PAYABLE ON THE PURCHASE PRICE

Rolene Kotze 041-487-3957 Email

Item Specs

Stand Size 860m²
Zoning Business 1
Current Income R25,400.00
Property Address 56 7th Avenue, Newton Park
Title deed number T17092/2009
Diagram deed number T10801/1929
Municipal land valuation R1,100,000.00
Monthly rates Approximately outstanding R30,000.00 due and payable by the purchaser over and above the purchase price
Erf No. 434
Street Name 7th Avenue
Street No. 56
Suburb Name Newton Park
City Port Elizabeth
Conditions of Sale - 444.2 KB
Rules of Auction - 206.8 KB
Municipal Documentation and Zoning Information - 724.8 KB
Lease Agreements - 842.9 KB

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:56 7th Avenue, Newton Park, Port Elizabeth, South Africa
GPS Coordinates: -33.94646 25.55597

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