Commercial Property for Sale in Woodstock - Development opportunity

R 50,000,000

Can I afford this?
2 years ago256 views
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General Details
Description
This large warehouse is currently being utilised as short term and long term parking facility.
Perfect for redevelopement with perfect views of the mountain.
This warehouse offers drive-in access from Ravenscraig Road with two separate roller shutter doors for receiving and
dispatch

Graded Mixed use 2. Bulk factor of 12500 sqm

3 Phase power 150 Amps

R50 000 000 ex Vat + 5% Agent commission

E&OE

Property Reference #: CL2719383

Agent Details:
Andre Swanepoel
Dormehl Phalane Property Group
12 C Marine Circle
Bloubergrandt
7441

Id Subtitle 987489440
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Estimated monthly repaymentR 541,854
Total property loan amountR 50,000,000
Total interestR 80,044,848
Total repaymentR 130,044,848
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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Dormehl Phalane Property Group
Selling for 3+ years
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