285 SQM UNIT IN SECURE PARK (@ R 5,228/SQM)

R 1,490,000

Can I afford this?
2 years ago190 views
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General Details
Description
With rental income of R 19,690/month plus VAT
With annual increase of 8%
Stable tenant, leasing for past 10 years
Ground floor 162 sqm
Mezzanine/1st floor 123 Sqm
Reception & 4 offices
Levy R 1,890/m paid by tenant
Rates R 2,440/m
Zoning ""INDUSTRIAL
URGENT SALE

Property Reference #: CL283

Agent Details:
Johann Steenkamp
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058

Id Subtitle 1013775034
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Estimated monthly repaymentR 16,148
Total property loan amountR 1,490,000
Total interestR 2,385,337
Total repaymentR 3,875,337
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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Allegiance Properties
Selling for 2+ years
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