MIXED-USE BUILDING FOR SALE | MELVILLE | JOHANNESBURG | INVESTMENT OPPERTUNITY

R 11,000,000

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1 year ago435 views
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General Details
Description
A stunning building located on Main road in Melville perfect for student accommodation. The property is situated on a busy road with great foot traffic and main road exposure.

The property consists of a total of 4 retail units measuring 60m2 each. There is also a total of 18 residential units ranging from studios to 2 beds.

Situated in the heart of Melville surrounded by all local amenities such as shops, restaurants, schools, universities and petrol garages, with quick access to public transport and the local Highways.

Property Reference #: JDS748MEL

Agent Details:
Jonathan Da Silva
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1188010791
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Estimated monthly repaymentR 119,208
Total property loan amountR 11,000,000
Total interestR 17,609,867
Total repaymentR 28,609,867
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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Officeplace
Selling for 6+ years
Total Ads3.78K
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