North Riding School or training centre opportunity

R 5,500,000

Can I afford this?
2 months ago49 views
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General Details
For Sale By:Agency
Description
Look no further for your corporate training centre than this well positioned smallholding in North Riding. Or stay in the palatial main house and reap the income producing benefits of the many cottages on the property. Upgrading to Air B and B is also an option.
3.34 hectares in extent Access to both Valley and Spionkop streets Electric fence on perimeter Rental income potential R60 000 per month Small dam and borehole

Rates And Taxes: 2000
Property Reference #: 637

Agent Details:
Nigel Williamson
SA Land
92 Indaba Lane,Rietfontein,Muldersdrift,1747
Roodepoort

Id Subtitle 1266348885
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
Interest rate at 11.75% for 20 years *
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Selling for 7+ years
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