Mix - Use Retail Building

R 6,000,000

Can I afford this?
11 months ago344 views
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General Details
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Description
Fantastic Mix â?? Use Retail Building / Great Investment Opportunity awaits you.

The property is a two-story building.
The ground floor is dedicated to retail space and consists of six shops.
The upper floor is designed for office space.
The total retail space (GLA) is approximately 803.09 square units.
GLA +/- 400 sqm2
Land Extent 1190 sqm

There is a common area on the ground floor, which is shared among the first-floor tenants and includes a strong room.
Additionally, the property features a kitchenette and bathrooms.

Current Vacancies:

As of now, there is one vacant shop on the ground floor.
The upper floor, designated for offices, there is also 1 vacancy.

The property is situated on Tom Jones, a well-known street.
It enjoys easy accessibility from the N12 Highway, providing convenient transportation options for tenants and customers.

Call now for an urgent viewing appointment!!!!!!!!!!!

Rates And Taxes: 11000
Property Reference #: 184

Agent Details:
Necco Mokoena
Eastrand Property Group
2 Anemoon Road, Unit 6 Villa Valencia Office Park, Glen Marais, Kempton Park, 1619

Id Subtitle 1211030727
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Estimated monthly repaymentR 65,023
Total property loan amountR 6,000,000
Total interestR 9,605,382
Total repaymentR 15,605,382
Interest rate at 11.75% for 20 years *
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Eastrand Property Group
Selling for 1 year
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