Commercial Investment

AUCT-000912 | On Auction

14 Rose Street, Port Elizabeth Central, Port Elizabeth, Eastern Cape


Please login or register for property info pack.

Commercial Investment, 14 Rose Street, Port Elizabeth, Central

Extent: ± 535 m² | GLA: ± 732 m² | Decking area: ± 49 m² | Income: ± R584 124 per annum | Zoning: Business 1

This triple story office or commercial block has been tastefully renovated by the current owners who have resided at the premises for many years.The property is situated on the corner of Havelock and Rose street,Central which is home to many iconic landmarks in Port Elizabeth.The property offers a modern architectural design entrance foyer and reception area,which leads to various modern offcies and boardroom on the ground floor.The higher levels are made up of various offices,open plan areas, entertainment areas for staff and ablutions. The property has further been fitted with solar panels and generators which will form part of the sale.It is believed that the current solar system provides the majority of the current electrical consumption for the building.This property in addition provides 8 off street secure parking bays,however additional parking bays are made use of on the adjacent property which we believe should be considered together with this particular property.

Port Elizabeth is one of the largest cities in South Africa, situated in the Eastern Cape Province, 770 km (478 mi) east of Cape Town. The city, often shortened to PE and nicknamed "The Friendly City" or "The Windy City", stretches for 16 km along Algoa Bay, and is one of the major seaports in South Africa. Port Elizabeth is the southernmost large city on the African continent, just farther south than Cape Town. Port Elizabeth was founded as a town in 1820 to house British settlers as a way of strengthening the border region between the Cape Colony and the Xhosa. It now forms part of the Nelson Mandela Bay Metropolitan Municipality, which has a population of over 1.3 million.

To participate in this physical auction each bidder has to follow the registration procedures.

Commercial Type:
Commercial Building
Web Reference:
AUCT-000912
List price:
POA
Address:
14 Rose Street, Port Elizabeth Central, Port Elizabeth, Eastern Cape
Property Extent:
535 m2
Auction Venue:
35 Pickering Street
Newton Park
Port Elizabeth
Eastern Cape
Auction Date:
09 April 2019 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
SAVE
PRINT
DIRECTIONS
Auction Date: 09 April 2019 11:00 am

Introduced by:
National Realtor Group NRG

National Realtor Group NRG  Broker Logo

Participate in our next upcoming combined auction and enjoy maximum exposure in the market place.