Full title building for Sale in Springs.

R 8,400,000

Can I afford this?
27 days ago29 views
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General Details
Location:
Description
Investment opportunity not to be missed.

This building consists of 24, two bedroom apartments. All apartments have their own prepaid meters installed, parking and good security, practically fully occupied.

The building is in a very good condition with a stable income. The total gross rental achieved currently is R91 080.00, excluding water and electricity utilities.

Kindly contact us for more information.

Property Reference #: 2232509

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

Id Subtitle 1274549827
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Estimated monthly repaymentR 91,032
Total property loan amountR 8,400,000
Total interestR 13,447,535
Total repaymentR 21,847,535
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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