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Fully let offices for sale in Randburg
R 21,150,000
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2 years ago470 views
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General Details
Location:
Description
Fully let investment opportunity for sale
Lease summary:
- 8 year lease with gross rental = R223 000 per month starting 1
March 2019
- Annual Lease escalation at CPI,
- All municipal charges, levies and consumption charges are paid for
by the tenant over and above the gross rental.
- Landlord is only responsible for rates and taxes, building
insurance, and a small security contribution.
The building is constructed of face brick with a reinforced concrete frame. The buildings security is provided for with electronic boom and spiked access. A security office with ablutions. 8 strand electric fences on the north and east boundaries and 23 strand electric fences on the south and west boundaries of the property. CCTV cameras are located throughout the property. The building provides a 40m2 IT room with raised flooring and gas. A 150KVA generator is located in the basement of the building with both internal and external diesel tanks. The building also has a small lift.
Property Reference #: CL1029
Agent Details:
Simonne Sova Crick
Eris Property Group (PTY) Ltd
129 Rivonia Road, Tower 2, The Marc
Sandton Central,2196
Lease summary:
- 8 year lease with gross rental = R223 000 per month starting 1
March 2019
- Annual Lease escalation at CPI,
- All municipal charges, levies and consumption charges are paid for
by the tenant over and above the gross rental.
- Landlord is only responsible for rates and taxes, building
insurance, and a small security contribution.
The building is constructed of face brick with a reinforced concrete frame. The buildings security is provided for with electronic boom and spiked access. A security office with ablutions. 8 strand electric fences on the north and east boundaries and 23 strand electric fences on the south and west boundaries of the property. CCTV cameras are located throughout the property. The building provides a 40m2 IT room with raised flooring and gas. A 150KVA generator is located in the basement of the building with both internal and external diesel tanks. The building also has a small lift.
Property Reference #: CL1029
Agent Details:
Simonne Sova Crick
Eris Property Group (PTY) Ltd
129 Rivonia Road, Tower 2, The Marc
Sandton Central,2196
Id Subtitle 988070082
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Estimated monthly repaymentR 229,205
Total property loan amountR 21,150,000
Total interestR 33,858,971
Total repaymentR 55,008,971
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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Eris Property Group (PTY) Ltd
Selling for 2+ years
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