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VENUE WITH ENTERTAINMENT RIGHTS & INCOME
R 8,500,000
Can I afford this?
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2 years ago490 views
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General Details
Location:
Description
Calling all investors or operators who need a venue for weddings, parties etc.
The property is situated just off the main rd of the R82.
Consists of the following
Venue hall plus chapel with bar and toilets
Barn with toilets/ workshop and fire place .
5 properties each 3 bedrooms 2 bathrooms plus Pvt gardens
1 property 2 bedroom 1 bathroom Pvt garden
Each property has Pre paid electricity and water .
Large open space for extras
Bore hole which supplies the house and gardens .
Seller is currently netting R30k pm
However the property can generate over R100k pm if mng properly.
Call to arrange a viewing
Don't miss out
Property Reference #: CL579
Agent Details:
Marco Higino
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
The property is situated just off the main rd of the R82.
Consists of the following
Venue hall plus chapel with bar and toilets
Barn with toilets/ workshop and fire place .
5 properties each 3 bedrooms 2 bathrooms plus Pvt gardens
1 property 2 bedroom 1 bathroom Pvt garden
Each property has Pre paid electricity and water .
Large open space for extras
Bore hole which supplies the house and gardens .
Seller is currently netting R30k pm
However the property can generate over R100k pm if mng properly.
Call to arrange a viewing
Don't miss out
Property Reference #: CL579
Agent Details:
Marco Higino
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058
Id Subtitle 991038480
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
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
Total Ads434
Active Ads434
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