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R 2 995 000 Bond Calculator | 7 Bedroom House for Sale in Newton Park

2 Mc Adam, Newton Park, Port Elizabeth

7 4 4
Erf Size: 1 372 m²

Prime Business Opportunity – Versatile Property in a Prime Location

Unlock the potential of this strategically located property, currently operating as student accommodation and in the process of securing Business 1 zoning. This sought-after classification allows for a wide range of commercial opportunities, making it a blank canvas for entrepreneurs, developers, or investors looking to maximize its potential. Bordering on Langenhoven Drive, Newton Park.

Property Features:

Main Property (325 sqm)
• 7 Bedrooms (3 double, 4 single)
• 4 Showers
• Open-plan kitchen & lounge
• Basement storage

Additional Accommodation
• 2-Bedroom flatlet
• Full flatlet with an open-plan lounge, dining, and kitchen

Expansive Grounds (1,372 sqm)
• Ample parking space
• Carport for 4 vehicles

Key Highlights:

Business 1 Zoning in Progress – Unlock various commercial possibilities
Prime Location – High visibility and excellent accessibility
Versatile Use – Ideal for offices, retail, medical suites, student accommodation, or mixed-use development
High Investment Potential – Immediate income-generating opportunities with a projected rental income of R48,500 per month

Whether you’re looking to expand your business, develop a high-yield commercial property, or capitalize on the demand for flexible workspaces, this property offers unmatched potential.

Contact us today to explore this exceptional investment opportunity!


Property Overview

Listing Number
115725405
Type of Property
House
Street Address
2 Mc Adam, Newton Park
List Date
14 March 2025
Erf Size
1 372 m²
Floor Area
325 m²
Rates and Taxes
R 1 772

Rooms

Bedroom
7
Bathrooms
4
Reception Rooms
1

External Features

Parking
4
Parking
4 Carports
Garden
Yes

Other Features

Flatlet
Yes


Contact AgentWeb Ref 115725405

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Agents

Evy Evlambiou
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Wendy Adshade
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