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Investment sale in Bellville south

R 14,700,000

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2 years ago798 views
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General Details
Description
Property Address:
1 Dorbyl Street
Sacks Circle Industrial
Bellville, Northern Suburbs
7530
This property of approximately 3 000m2 under roof is situated on Sacks circle in Bellville South on a 7 998m2 erf. The property has been occupied by the same company for many years and whom are now looking at a sale and leaseback on the property. The owner is willing to sign a long term lease.

There is vacant land of approximately 2 000m2 which is not being utilised creating a upside opportunity. The land could be let out separately or developed.
All prices excludes Vat

Available From: 28/03/2022

Agent Details:
Jacques Moelich
Capitol Commercial Properties
Unit 104 , 1st Floor Block 2 Waterfront terraces,
3 Waterfront road, Tyger Waterfront
Belville Cape Town
7530
Id Subtitle 1137441532
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Estimated monthly repaymentR 159,305
Total property loan amountR 14,700,000
Total interestR 23,533,186
Total repaymentR 38,233,186
Interest rate at 11.75% for 20 years *
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Capitol Commercial Properties
Selling for 2+ years
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