Property Details

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.