Investment property for sale in Kimberley CBD

R 11,500,000

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1 year ago465 views
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General Details
Description
Fully tenanted investment property in Kimberley CBD

This property offers 1192m² of gross lettable space with a mix of retail and office space. Office space in this building is in high demand with very good rentals achieved per m². It generates a monthly income of
R151 000.00

This multi-tenanted property has 5 shops on the ground floor, a government department on the second floor and various smaller offices on the second floor. Most of the offices are let to law firms and other professional companies.

The security door is access controlled from each office that has a intercom to the front door and a video monitor to see who is at the door.

There are communal toilet facilities on each floor that include facilities for the disabled. There are also multiple communal kitchens and lift. At the back of the building there are secure parking for 12 vehicles with 2 entrances.


Property Reference #: LFKP-0898

Agent Details:
Jan Van Vuuren
Leapfrog Property Group
Corrobay corner
Dallas road
Unit 5a
Menlyn
Pretoria

Id Subtitle 1183050393
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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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Leapfrog Property Group
Selling for 2+ years
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