CENTURY CITY | RARE OPPORTUNITY| COMMERCIAL PROPERTY FOR SALE

R 56,000,000

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2 years ago611 views
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Description
Century City | Rare Opportunity | Commercial Property For Sale

This purpose-built training facility previously Abbott's College can easily be converted as needed. The property currently has 26 classrooms, a large assembly hall, restaurant, fitted industrial kitchen, courtyards and 9 administration offices in the reception area. The building is zoned as General Business 3 permitting the use of property as business premises, flats, boarding house, place of instruction, place of worship, institution, hospital, hotel and conference facility to name a few.

There are ample parking bays available at the rear of the building including a wrap around driveway with additional bays in front. The building is ideally located at a main junction into Century City and faces onto Bosmansdam Road for excellent exposure. The property has easy access to the N7 highway and public transportation. Canal Walk Shopping Centre, Century Village and Curro School complex are just some of the amenities in close proximity.

Property Reference #: PK2600CCFS

Agent Details:
Portia Mhlekwa
Officeplace
Block 4, Portion of 1st Floor
Unit 403, De Tijger Office Park
Cnr McIntyre & Hannes Louw Drive


Id Subtitle 1025801282
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Estimated monthly repaymentR 606,876
Total property loan amountR 56,000,000
Total interestR 89,650,230
Total repaymentR 145,650,230
Interest rate at 11.75% for 20 years *
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Selling for 6+ years
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