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R4,800,000

392m² A-Grade Penthouse Office Suite For Sale in the Prime Area of Newton Park

Positioned strategically in the core of Port Elizabeth’s bustling commercial district, this 392m² A-grade penthouse office suite offers a rare investment opportunity with guaranteed returns. The property is fully tenanted, ensuring immediate yield, and is ideally located for seamless access to key business hubs, major transport routes, and premier retail centres. This address is highly desirable among professionals seeking prestige and convenience in a dynamic urban setting.
Boasting a contemporary design tailored to top-tier corporate specifications, the office features an expansive open-plan layout that promotes productivity and flexibility across a range of business operations. The premium reception area, finished with full air-conditioning, flows effortlessly into a striking glass-and-aluminium boardroom—making an exceptional first impression for clients and stakeholders alike. Floor-to-ceiling windows invite generous natural light throughout the workspace, reinforcing a professional and uplifting environment.
High-end internal infrastructure further enhances the property’s appeal. Separate male and female ablutions, a fully equipped modern kitchen, and a stylish entertainment/pause area offer added comfort and functionality for staff and visitors. Three exclusive private patio areas provide breakout zones with panoramic 360-degree views of the city skyline—perfect for client meetings, networking events, or relaxed team gatherings in an elite business setting.
This landmark penthouse investment combines location, design excellence, and tenant stability in one of Port Elizabeth’s fastest-growing commercial markets. With secure lease agreements in place and superior building finishes throughout, this asset offers strong capital appreciation potential and immediate rental income—making it an ideal acquisition for discerning investors seeking a flagship property with long-term value.
Price Excludes VAT.

Features

0
14
Zoning:
Commercial
Interior
Floor Loading Cap.
20 Tn/m²
Air Conditioning
Yes
Power 3 Phase
Yes
Power Amps
60
Exterior
Security
Yes
Sizes
Floor Size
392m²
Parking Bays
Open Parking Bays
14
Extras
Concrete • Fibre • Eat-in Kitchen • Closed Circuit TV • High Speed Internet • Near Schools • Wheelchair Accessible • Near Bus • Near Fitness centre • Lift • Near Public Transportation • Security - System • Near Motorway • On Busy Road • Unfurnished • Lift-Elevator • Good reachable traffic • Alarm • Near Highway • Near Medical Center • Safe Location • Near Shops • Near University/Campus • Near Hospital • Air Conditioner • Near Shopping Mall • Energy Backup Unit • Air Conditioning Unit • High Traffic • Frequency location • Brick
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

65,442.57

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