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Investment property for sale in City Deep
R 6,000,000
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2 years ago368 views
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General Details
Location:
Description
Investment for sale in the heart of City Deep. The property is laid out in a rectangular shape and features 9 separate warehouse / factory blocks as well as 2 story office / open plan factory at the front of the property. A communal yard links the property from the entrance off Heidelberg road through to the back which sports a large raised loading platform for easy truck loading.
There are two long standing tenants occupying the property with a combined rental income of R79,696.11. There is 700sqm of vacant road facing space available for additional tenancy as well as phenomenal signage opportunities for potential additional income streams. Sale and Lease back opportunity.
Property Reference #: GJ3988CD
Agent Details:
Jason Cronk
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
There are two long standing tenants occupying the property with a combined rental income of R79,696.11. There is 700sqm of vacant road facing space available for additional tenancy as well as phenomenal signage opportunities for potential additional income streams. Sale and Lease back opportunity.
Property Reference #: GJ3988CD
Agent Details:
Jason Cronk
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Id Subtitle 988346156
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Estimated monthly repaymentR 65,023
Total property loan amountR 6,000,000
Total interestR 9,605,382
Total repaymentR 15,605,382
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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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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