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Commercial Building For Sale in St Georges Mall, Cape Town
R 21,000,000
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1 year ago116 views
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General Details
Location:
Description
This freestanding building is situated on the busy St Georges Mall walkway.
Currently tenanted with ground floor retailers and upstairs commercial tenants. A redevelopment opportunity available for bulk build allowance with the zoning being GB7. Ideal for residential conversion. The land extent is 240m2. Asking Price of R21 000 000 exclusive of VAT
Contact Sharon Marais, our Commercial Property Broker for more information, viewing arrangements and professional assistance.
Property Reference #: CL6122
Agent Details:
Sharon Marais
Vermaak Properties
Unit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441
Currently tenanted with ground floor retailers and upstairs commercial tenants. A redevelopment opportunity available for bulk build allowance with the zoning being GB7. Ideal for residential conversion. The land extent is 240m2. Asking Price of R21 000 000 exclusive of VAT
Contact Sharon Marais, our Commercial Property Broker for more information, viewing arrangements and professional assistance.
Property Reference #: CL6122
Agent Details:
Sharon Marais
Vermaak Properties
Unit 92, Block B, Millennium business park, 19 Edison way, Century City, 7441
Id Subtitle 1193920436
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Estimated monthly repaymentR 227,579
Total property loan amountR 21,000,000
Total interestR 33,618,836
Total repaymentR 54,618,836
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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Vermaak Properties
Selling for 3+ years
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