Commercial Investment, 14 Rose Street, Port Elizabeth Central
Extent: ± 535 m² | GLA: ± 733 m² | Decking area: ± 49 m² | Gross Annual Income: ± R625K | 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.
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