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Invest in Opportunity
R 19,699,000
Can I afford this?
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2 years ago280 views
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General Details
Location:
For Sale By:Agency
Description
With 34 overnight accommodation rooms, a supermarket, butchery, liquor store, bakery, restaurant and multiple bars this property is an investment with opportunity around each corner. The property is being sold as a going concern and includes all licences and assets needed to keep on generating an income.
Located +- 10km outside Polokwane right next to the N1 and is adjacent to a fuel station, a part of the 7,4ha property is being used as a truck stop. The buildings are plastered and painted and covered with thatch roofing. The big function venue is often used for weddings and birthday parties.
Please note, price is excluding VAT.
Property Reference #: CL265
Agent Details:
Carina Froehlich
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
Located +- 10km outside Polokwane right next to the N1 and is adjacent to a fuel station, a part of the 7,4ha property is being used as a truck stop. The buildings are plastered and painted and covered with thatch roofing. The big function venue is often used for weddings and birthday parties.
Please note, price is excluding VAT.
Property Reference #: CL265
Agent Details:
Carina Froehlich
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530
Id Subtitle 1070917701
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Estimated monthly repaymentR 213,480
Total property loan amountR 19,699,000
Total interestR 31,536,070
Total repaymentR 51,235,070
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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Property Connect Hoofkantoor
Selling for 2+ years
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