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Commercial property for sale in Newton Park

R 5,500,000

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General Details
Description
Welcome to this exceptional commercial property located on Cape Road in the vibrant neighbourhood of Newton Park, Port Elizabeth. Boasting approximately 490m² of space, this property offers a prime opportunity for investment or expansion. With 310m² on the ground floor and an additional 180m² on the first floor, there's ample room to accommodate a variety of business ventures. The property is complemented by ample parking, ensuring convenience for both clients and employees.

Situated in a highly sought-after area, this property enjoys proximity to key amenities such as the Greenacres Shopping Centre and Greenacres Hospital, making it an ideal location for businesses seeking high visibility and accessibility. Additionally, its close proximity to the N2 highway provides easy access to and from major routes, further enhancing its appeal. Don't miss out on this fantastic opportunity â?? contact me today to arrange a viewing or to receive further details.

Property Reference #: CL8796

Agent Details:
Christo Pretorius
Just Property
Bloomingdales Office Park
34 9th Avenue Walmer
Port Elizabeth
6070
Id Subtitle 1283013291
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Just Property
Selling for 8+ months
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