Industrial property in Beacon Bay with rental income options!

R 3,700,000

Can I afford this?
11 months ago71 views
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General Details
Description
Located in the Beacon Bay industrial area, this multi-tenanted property offers flexibility as an owner occupied or investment property or a combination of. There are 8 different units with varying rental incomes situated in a large yard area and secured by boundary walls, alarm system and a remote controlled access gate. One of the units has a 7m x 2.5m cold room and gantry. Common ablutions serve all the units, whilst there is a diesel pump and tank on the site.

Property Reference #: ELO-CS00042

Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247

Id Subtitle 1211615274
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Estimated monthly repaymentR 40,098
Total property loan amountR 3,700,000
Total interestR 5,923,319
Total repaymentR 9,623,319
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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Century21
Selling for 3+ years
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