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0 Colchester, 17 Short Market St, Colchester, Port Elizabeth (gqeberha), Eastern Cape
R 950 000
Sole and Exclusive MandateDiscover an incredible opportunity with this fixer-upper property located in the charming area of Colchester North. Perfectly positioned within walking distance to the boundary fence of the renowned Addo Elephant National Park, this home offers a unique convenience. Just a 25-minute drive from the Port Elizabeth airport and a mere 15 minutes from the bustling Coega Industrial Park and Harbour, this property is ideal for those looking to invest in a prime location with substantial growth potential.While this home requires significant renovations, it presents an exciting project for a handyman or builder seeking to create a personalized masterpiece. The property features three bedrooms and one bathroom, complemented by a spacious lounge and dining area perfect for family gatherings. The kitchen includes a pantry or additional storage room, providing ample space for all your culinary needs. Additionally, an extra room adjacent to the garage offers the potential for conversion into a flatlet, enhancing the propertys value and versatility.With ongoing construction in Coega driving demand for long-term rental properties in Colchester, this home promises significant return on investment once restored. While currently in poor condition, the potential for transformation is undeniable with the right vision and dedication.Dont miss out on this rare chance to shape a property into your ideal home or lucrative rental investment. Contact Bertie van Deventer today to schedule your appointment to view and envision the remarkable potential this home holds. Show more Show less
Estimated monthly repayment
R 8 971
on a R 855 000 bond over 20 years at 11.25%
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0 Colchester, 17 Short Market St, Colchester, Port Elizabeth (gqeberha), Eastern Cape
Liivra AI market value
AI estimate only; not a valuation. Consult a registered valuer or estate agent before making an offer.
Listed by
Kagiso Ntuli
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