Commercial property for sale in Farrarmere

R 19,750,000

Can I afford this?
1 year ago180 views
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General Details
Location:
Size (sqm):3475
Description
Situated in the business hub of Benoni, this shopping centre, which includes a bar, food stall, liquor city, cafe, car wash, etc, etc, offers it all.
Rental income excess up to 250k pm.
In total there are 10 tenants, most of which have long term leases in place (no vacancies).
Rates and taxes and the cost of a 350 KVA generator is shared by all.
Electricity charges seperately.
Looking for a high yield / R01, look no further!
Phone for a viewing.

Property Reference #: 3968595

Agent Details:
Kevin Welman
Benoni
Chas Everitt
Unit 1, Block A
192 Pretoria
Rynfield
Benoni

Id Subtitle 1205787511
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Estimated monthly repaymentR 214,033
Total property loan amountR 19,750,000
Total interestR 31,617,715
Total repaymentR 51,367,715
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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Chas Everitt
Selling for 3+ years
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