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PALM COURT - CENTRAL R BAY - INVESTMENT OFFICE (RENTAL INCOME)
R 2,850,000
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4 months ago80 views
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General Details
Location:
Description
The longstanding tenant in this unit's lease expires at the end of 2025. They will more than likely renew their lease because of the specialized nature of their business. The Building is well managed and is accessible also with its own parking lot and basement parking.
R35500 Rental per month
3 Basement parking's
Reception
Multiple offices
Very secure
*INVESTMENT BUYERS - THIS MAKES SENSE*
Rates And Taxes: 1650
Levies: 1851
Property Reference #: 6511
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
R35500 Rental per month
3 Basement parking's
Reception
Multiple offices
Very secure
*INVESTMENT BUYERS - THIS MAKES SENSE*
Rates And Taxes: 1650
Levies: 1851
Property Reference #: 6511
Agent Details:
Elandré de Koning
Fosprops Properties
Calypso Centre, CBD, Richards Bay
Lira Link CBD
Richards Bay
Id Subtitle 1255636866
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Estimated monthly repaymentR 30,886
Total property loan amountR 2,850,000
Total interestR 4,562,557
Total repaymentR 7,412,557
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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Fosprops Properties
Selling for 7+ years
Total Ads131
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