Gonubie Main Road | Prime Mixed-Use Investment Opportunity.
Well-positioned on the busy Gonubie Main Road, this high-profile, well-maintained mixed-use property offers an exceptional investment opportunity. Comprising 4 retail shops and 5 residential apartments (3 x 2-bedroom, 1 x 3-bedroom and 1 x 4-bedroom), all with prepaid electricity meters.
The property also offers convenient customer parking in front of the retail shops, together with 5 covered parking bays at the rear for residential tenants.
Asking price of R5 650 000 – priced below sworn appraisal value. Offering an attractive investment with a nett 13.47% yield.
The property also offers convenient customer parking in front of the retail shops, together with 5 covered parking bays at the rear for residential tenants.
Asking price of R5 650 000 – priced below sworn appraisal value. Offering an attractive investment with a nett 13.47% yield.
Monthly Rates
R13,861
Features
Zoning
Sizes
Listing Info
Gonubie, East London
- Street map
- Street view
- Amenities
- Schools
Filling Station
1.03 km - Shell
1.03 km - Gonubie Motors
1.24 km - Sea View Motors
Hospital/Clinic
1.45 km - Intercare Gonubie
Police Station
0.97 km - South African Police Service Waterval Police Station Ec
1.07 km - South African Police Service Gonubie Police Station
Shopping Centre
1.05 km - Corner Square
1.07 km - Seafield Shopping Centre
1.46 km - King's Mall
0.10 km - East London Montessori School
0.43 km - Popple's Day Care
0.63 km - Sprouting Bambinos Educare
0.64 km - Gonubie High School
0.71 km - Gonubie Primary School
0.74 km - Bev's Daycare
1.12 km - Gonubie Primary School
1.62 km - Little Lambs Pre-School
2.34 km - Oceanview Primary School Gonubie
2.34 km - Wonderland Pre-Primary School
2.57 km - Sakhululeka Secondary School
Average sold property price in Gonubie
Freehold
Sectional Scheme
Vacant Land
Freeholds
R1,352,634
28.6%
Average price
122
28.6%
Transfers
Sectional Titles
R1,085,667
50.0%
Average price
51
50.0%
Transfers
Estates
R911,273
50.0%
Average price
56
50.0%
Transfers
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
