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Fantastic commercial property available for purchase in the Doornfontein area
R 28,000,000
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2 years ago823 views
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General Details
Location:
Description
This is a fantastically located building available for purchase in the Doornfontein area in Johannesburg CBD. The propert is currently fully operational as student accommodation. The building is in immaculate condition and is very secure and features CCTV throughout and has an on-site security guard. There are 2 water tanks currently on site with a third about to be connected.
The interior of the property features 40 single rooms which are serviced by three kitchens and have three bathrooms. There are nineteen apartments available, each apartment has 4 bedrooms, kitchen, shower and toilet. The building also has a laundry room, three TV rooms and a caretaker flat. This student accommodation is accredited with UJ for NSFAS.
Property Reference #: SD3300DB
Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia
The interior of the property features 40 single rooms which are serviced by three kitchens and have three bathrooms. There are nineteen apartments available, each apartment has 4 bedrooms, kitchen, shower and toilet. The building also has a laundry room, three TV rooms and a caretaker flat. This student accommodation is accredited with UJ for NSFAS.
Property Reference #: SD3300DB
Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia
Id Subtitle 1044996278
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Estimated monthly repaymentR 303,438
Total property loan amountR 28,000,000
Total interestR 44,825,115
Total repaymentR 72,825,115
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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Selling for 6+ years
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