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CENTRAL 3 APARTMENT BLOCKS WITH SHOP SPACE FOR SALE
R 5,900,000
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3 months ago373 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):2086
Parking:None
Description
EXCELLENT STUDENT ACCOMMODATION OPPORTUNITY!
CALLING ALL INVESTORS:
Monthly Rental Income: R107 340
Water recovery: R5 700
Monthly Expenses: R43 555
Monthly Net Income: R69 485
Yearly Net Income: R833 820
ROI: 14,13%
R5 900 000 (BRING OFFERS!)
SOLE MANDATE
THE PROPERTY CONSISTS OF THE FOLLOWING:
3 APARTMENT BLOCKS - 24 apartments
Unfurnished
ALL TENANTED with Leases and deposits
4 RETAIL SHOPS
ALL TENANTED with Leases and deposits
“The information provided is believed to be true and correct but does not form part of any agreement”
Property Reference #: ORL12609
Agent Details:
Sebastien Brazeau
Only Realty
218a Main Road
Walmer
PE
Walmer
CALLING ALL INVESTORS:
Monthly Rental Income: R107 340
Water recovery: R5 700
Monthly Expenses: R43 555
Monthly Net Income: R69 485
Yearly Net Income: R833 820
ROI: 14,13%
R5 900 000 (BRING OFFERS!)
SOLE MANDATE
THE PROPERTY CONSISTS OF THE FOLLOWING:
3 APARTMENT BLOCKS - 24 apartments
Unfurnished
ALL TENANTED with Leases and deposits
4 RETAIL SHOPS
ALL TENANTED with Leases and deposits
“The information provided is believed to be true and correct but does not form part of any agreement”
Property Reference #: ORL12609
Agent Details:
Sebastien Brazeau
Only Realty
218a Main Road
Walmer
PE
Walmer
Id Subtitle 1259768676
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Estimated monthly repaymentR 63,939
Total property loan amountR 5,900,000
Total interestR 9,445,293
Total repaymentR 15,345,293
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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Only Realty
Selling for 1 year
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