CANNON STREET - OLD FORMER HOTEL with 12 x 1 bedroom cottage
General Residential Zone 3
This well-positioned property is an exceptional income-generating property.
It used to be the Cannon Street Hotel - endless opportunities.
Situated in the popular Cannon Street and main route for commuters.
Already established rental income Another opportunity to create wealth with property.
This property offers the following:
12 x cottages with one-bedroom, one-bathroom, and open-plan lounge-kitchen
The main house was also converted into 4 x fully functional apartments featuring open-plan lounge-kitchen flat bedroom and bathroom
Sufficient Parking Area well layout
All units have prepaid water and electricity meters
The established rental income of approximately R40 000 p.m. is more then enough to cover your bond.
Have you been waiting for such an opportunity?
The seller has 2 x complexes in Uitenhage that he wants to sell together Caledon Street and Cannon Street at R2 750 000 excl VAT each complex.
Both the properties have established rental income and currently fully tenanted. Refer to listing reference CL13515 on the Just Property website. The Caledon Street property has 14 units generating about R40 000 p.m. rental income.
I will be on the other end of the line - message me. Like any other property this will also be sold voetstoots.
This well-positioned property is an exceptional income-generating property.
It used to be the Cannon Street Hotel - endless opportunities.
Situated in the popular Cannon Street and main route for commuters.
Already established rental income Another opportunity to create wealth with property.
This property offers the following:
12 x cottages with one-bedroom, one-bathroom, and open-plan lounge-kitchen
The main house was also converted into 4 x fully functional apartments featuring open-plan lounge-kitchen flat bedroom and bathroom
Sufficient Parking Area well layout
All units have prepaid water and electricity meters
The established rental income of approximately R40 000 p.m. is more then enough to cover your bond.
Have you been waiting for such an opportunity?
The seller has 2 x complexes in Uitenhage that he wants to sell together Caledon Street and Cannon Street at R2 750 000 excl VAT each complex.
Both the properties have established rental income and currently fully tenanted. Refer to listing reference CL13515 on the Just Property website. The Caledon Street property has 14 units generating about R40 000 p.m. rental income.
I will be on the other end of the line - message me. Like any other property this will also be sold voetstoots.
Monthly Levy
R1
Monthly Rates
R5,940
Total
R5,941
Features
Interior
Exterior
Sizes
Listing Info
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 Just Property website is accurate and up to date, Just Property 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.