Extent: ± 2 578m² | 21 Apartments | Zoning: General Residential Zone 3
Welcome to 22 Joubert Street, situated in Parsons Hill, Port Elizabeth – an exceptional residential block of flats called Rockland Heights. A rare opportunity to own and invest in an entire block of apartments. Not often does a block of flats come available that has not been sectionalised, making it very desirable for any investor.
Location:
Strategically located on Joubert Street in Parsons Hill, this property benefits from its central position, providing excellent accessibility and proximity to key amenities including some of Port Elizabeth top schools, Collegiate Girls, Grey High School, and Port Elizabeth largest shopping Centre, Greenacres Shopping Centre, making it very attractive to tenants.
Perfect Use:
Rockland Heights is made up of a total of 21 apartments:
6 x 3 beds
8 x 2 beds
7 x 1 beds
There are ±15 carports with additional secure off-street parking for several additional vehicles.
Given the locality and offering of these apartments, they enjoy very high occupancies, making it very rare for a unit to be vacant.
Opportunity for Buyer:
For savvy investors, this property presents a compelling opportunity to acquire a lucrative income-generating asset with promising returns. With the block being fully tenanted, the property offers stability and potential for further growth, making it an appealing investment prospect in today's market.
