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Investment Opportunity
R 4,900,000
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5 months ago57 views
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Description
Great Investment opportunity.
This large business and commercial usage property is located within the residential area, on the Main Road, and in the centre of the popular coastal town of Kleinmond. This is a rare opportunity which allows for various options - new development, add-on development, etc.
Two offices are rented out as is, complete with enclosed parking area for trucks and trailers. Ample free space is still available on the stand for development within local requirements.
The stand is exceptionally large by Kleinmond standards and is connected to the municipal sewerage system. No vacuum truck services are required.
Property Reference #: CL922
Agent Details:
Pieter Jacobs
Rigroup (PTY) Ltd
74 Beach Road, Strand, Cape Town, South Africa, 7140
This large business and commercial usage property is located within the residential area, on the Main Road, and in the centre of the popular coastal town of Kleinmond. This is a rare opportunity which allows for various options - new development, add-on development, etc.
Two offices are rented out as is, complete with enclosed parking area for trucks and trailers. Ample free space is still available on the stand for development within local requirements.
The stand is exceptionally large by Kleinmond standards and is connected to the municipal sewerage system. No vacuum truck services are required.
Property Reference #: CL922
Agent Details:
Pieter Jacobs
Rigroup (PTY) Ltd
74 Beach Road, Strand, Cape Town, South Africa, 7140
Id Subtitle 1245063771
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Estimated monthly repaymentR 53,102
Total property loan amountR 4,900,000
Total interestR 7,844,396
Total repaymentR 12,744,396
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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Rigroup (PTY) Ltd
Selling for 3+ years
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