2 Adjacent Mixed Use Sites 600m From Amazon

R 15,000,000

Can I afford this?
2 months ago107 views
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General Details
Description
This investment opportunity offers multiple income streams , good Power and Great Zoning.

Based on Upper Camp Rd Ndabeni , this is 200m from the new Flyover connecting Salt River tpo Berkley rd Via the Amazon Building and Black River.

With a stable income from Established tenants as well as Council Approved Billboard Advertising the property has upside while offering a solid yield in current state.

Key Property Features

2 Adjacent Erven
Mixed Use 2 Zoning
500Amps 3Phase
Great Exposure to M5 Freeway
Easy access Via M5 in either direction

GLA Overview:
Warehouse 1 comprising of small office and open warehouse with GLA of 377m2
The Next 3 story Building hasda floor plate of 300m2 and has a goods lift and Roller Shutter door on Ground Floor
The last Warehouse has a GLA of 850m all on ground floor and has multiple access point and a small yard.

All access is from Upper Camp Rd

Property Reference #: CL13277

Agent Details:
Nikolai Mynhardt
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1265586934
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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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Annenberg Property Group
Selling for 7+ years
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