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Best for value in the commercial market
R 13,800,000
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1 year ago167 views
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Description
Conveniently situated within the Alberton CBD and close to the N12 freeway this property has excellent exposure and is easily accessible as it is on the main road. The property is on an incredible stand size of just over 1700sqm, fully let out already to reliable tenants and with long lease agreement by the key tenant.
This property with good rental income currently houses 4 tenants - a hardware retail business utilizing the biggest structure at the front and 3 different workshops at the back yard occupying three smaller unit structures and with their own entrance.
There is a vast piece of vacant space that can be utilised according to the needs.
Waiting to take you through the premises for a viewing and to provide additional information that might be needed.
Do not miss this great investment opportunity.
Property Reference #: CL696
Agent Details:
Mary Kobile
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
This property with good rental income currently houses 4 tenants - a hardware retail business utilizing the biggest structure at the front and 3 different workshops at the back yard occupying three smaller unit structures and with their own entrance.
There is a vast piece of vacant space that can be utilised according to the needs.
Waiting to take you through the premises for a viewing and to provide additional information that might be needed.
Do not miss this great investment opportunity.
Property Reference #: CL696
Agent Details:
Mary Kobile
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
Id Subtitle 1103631803
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Estimated monthly repaymentR 149,552
Total property loan amountR 13,800,000
Total interestR 22,092,378
Total repaymentR 35,892,378
Interest rate at 11.75% for 20 years *
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Allegiance Properties
Selling for 2+ years
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