Full title building for Sale.

R 2,450,000

Can I afford this?
7 months ago70 views
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General Details
Description
Opportunity not to be missed.
Full title building for sale in Belle-Vue.

Fully occupied, consisting of 10 apartments, (x2 four bedroom apartments, x2 three bedroom apartments, x2 two bedroom apartments, x3 bachelor units and x1 single room), x4 Lockup garages, all apartments have their own prepaid meters installed. Good security.

The building is in very good condition with a stable income, as it is fully occupied. The actual gross rental achieved currently is R40 000.00, excluding utilities.
18% Gross R.O.I

Kindly contact us for more information.

Property Reference #: 2194955

Agent Details:
Ian Bouwer
Mamela Estates
Office 7B Old farm Office forum, 823 Old farm road, Faerie glen

Id Subtitle 1248103767
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Estimated monthly repaymentR 26,551
Total property loan amountR 2,450,000
Total interestR 3,922,198
Total repaymentR 6,372,198
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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Mamela Estates
Selling for 1 year
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