Prime located Commercial Property For Sale

R 5,900,000

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7 months ago143 views
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General Details
Description
This commercial property is located in a prime location on the main road in Swellendam. The building, previously known as the Volkskas Bank building and later ABSA, features steel-reinforced walls, indicating its strong construction due to bank regulations.

The top floor of the building is currently being rented out with a 5-year lease agreement. It offers flexibility as all the walls are dry walls, allowing for easy customization. The current layout includes a reception area, conference room, IT room, storage room, seven offices, a kitchen, a bathroom, and two large walk-in Vault. The floor size of the top floor is 255.14m2.

The ground floor of the building has two excellent tenants and is equipped with two separate prepaid electrical meters. It spans a floor size of 255.14m2 and features a reception room, two kitchens, two bathrooms, two walk-in Vault and five offices.

The Seller is a VAT Vendor. The price excludes VAT.
Contact your Realtors International Agent for more information.

Property Reference #: CL921

Agent Details:
Elsie Oosthuizen
Rigroup (PTY) Ltd
23 Auge Street, Swellendam, 6740

Id Subtitle 1243621869
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Estimated monthly repaymentR 63,939
Total property loan amountR 5,900,000
Total interestR 9,445,293
Total repaymentR 15,345,293
Interest rate at 11.75% for 20 years *
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Rigroup (PTY) Ltd
Selling for 3+ years
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