R3,500,000
Investment opportunity in Newton Park
30 7th AVENUE | NEWTON PARK | EXCELLENT INVESTMENT OPPORTUNITY
An excellent investment opportunity awaits with this 470 sqm guesthouse for sale on 7th Avenue in the vibrant area of Newton Park. This property offers a unique blend of comfort and convenience, making it an ideal choice for investors looking to capitalize on the thriving hospitality market.
The main house features three spacious bedrooms, an office, a dining room, a lounge, a kitchen, and two bathrooms, providing ample living space. Additionally, the property includes nine self-contained units, each with its own bathroom, ensuring privacy and comfort for guests. The guesthouse is fully equipped with a laundry room, an outdoor bar, and an entertainment area, perfect for hosting events and gatherings.
All furniture is included in the sale, making this a turnkey investment. The property is fully fenced with a remote-controlled access gate, ensuring security and peace of mind. Set amidst beautiful gardens, the guesthouse offers a serene and inviting atmosphere.
With an income potential of R120,000 to R150,000 per month, this property promises a lucrative return on investment.
Located in Newton Park, this guesthouse benefits from its strategic position close to shopping centres, fast food outlets, restaurants, and more. Newton Park is known for its vibrant commercial activity and excellent infrastructure, making it a popular destination for both locals and visitors.
The area offers easy access to major roads, including Burt Drive, Cape Road, William Moffett Expressway, and the N2 highway, ensuring convenient connectivity. Tenants and guests will appreciate the proximity to key amenities and the ease of commuting, making this location highly desirable.
Whether you are looking to expand your hospitality portfolio or invest in a profitable venture, this guesthouse in Newton Park offers the perfect foundation for your success.
Features
Zoning:
Commercial
Exterior
Security
No
Sizes
Floor Size
470m²
Land Size
1,739m²
Get Email Alerts
Sign-up and receive Property Email Alerts of Investments for sale in Newton Park, Port Elizabeth.
Disclaimer: All amounts exclude VAT and while every effort will be made to ensure that the information contained within the API Property Group website is accurate and up to date, API Property Group 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.