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Ideal purchase by investor for redevelopment for student residences / apartments. Great location and zoned for Business
Commercial property bundle for sale on Govan Mbeki Avenue, well-located in relation to transport links and the Gqeberha CBD, approximately 6 kilometres north of the Port Elizabeth Airport.
It falls under the Nelson Mandela Bay Metropolitan Municipality.
The properties are five commercial buildings and a vacant erf.
Areas of properties:
Vacant Erf 4570: 4 024 m²
Building 331: 162 m²
Building 332: 477 m²
Building 329: 200 m²
Building 322: 315 m²
Building 328: 170 m²
Total Extent: 5 348 m²
The five buildings lie between Govan Mbeki Avenue and Victoria Quay / Settlers Highway
Erf 4570 is vacant land, the lower part lying between Govan Mbeki Avenue and utilised as parking, and a steep cliff, with the remainder at the top of the cliff accessed off Richmond Hill Street
Price is R5,2 million
Proposed Perspectives are available for Erf 4570.
There are no servitudes which adversely affect the value of the property.
Contact Claire to view or for more info.
