GREAT INVESTMENT OPPORTUNITY IN REDHOUSE.
Seven delightful, modern cottages all set on 1476sqm of land. (One still being constructed) bringing in a total income of R21000.00 per month at present although this will increase to approx. R25000.00 once the final cottage has been completed. All of the tenants are long term. Each unit has either 1 or 2 lock up car ports.
In addition there is another approx. 1200sqm of vacant land that can still be developed.
Rates: R1500.00 per month
RENTAL INCOME: R21000.00 per month
Redhouse, Port Elizabeth
The Port Elizabeth branch of SA National Realtors Group (NRG) is based in Richmond Hill and serves Port Elizabeth and surrounding areas. We are a vibrant and dynamic team of property professionals and offer informed and professional service to both our buyers and sellers.
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