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2 Bedroom Apartment Block For Sale in East Bank

R2,100,000

40 Park Road

Monthly Bond Repayment R22,395.02
Calculated over 20 years at 11.5% with no deposit.

Web Ref No EPA25577

Block of flats and semi detached dwelling in Port Alfred

This property consists of 4 blocks of flats and a residential home and is ideal for further residential development. The block of flats consists of four duplex apartments each with two bedrooms, a bathroom and an open plan lounge and kitchen. Create residual income and convert this property into holiday flats or student accommodation for hotel and flight schools. This property has beautiful views and secure onsite parking and could be purchased together with the next-door hotel. Centrally located in Port Alfred, within 300 metres from Port Alfred Primary and High Schools, within a 1km from the CBD, this property offers various option of usage.

Port Alfred is a small town with a population of just under 26,000 in the Eastern Cape province of South Africa. It is situated on the eastern seaboard of the country at the mouth of the Kowie River, almost exactly halfway between the larger cities of Port Elizabeth and East London.

Features

Bedrooms 2
Bathrooms 1
Garages 1
Land Size 2,214m²
Monthly Rates R1,560.00
Extras

House Style: Contemporary
Views: City
Views: Sea / Ocean
Locality: Close To Schools
Living Area: Open Plan

Agent Contact Details

Angus Schlemmer
Harcourts Port Alfred

Cell 083 556 2933
Office (046) 6245222
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