366 Commissioner Street | Fairview | Johannesburg | Retail building for sale

R 3,675,000

Can I afford this?
1 year ago239 views
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General Details
Description
B Size: 636sqm
Erven: 694sqm

Price: R3 675 000 + transfer duty

Newly renovated investment property for sale in Fairview, on Commissioner Street, with 7 shop retail units. The property has been recently renovated with a face lift and extra security measures added.

The current monthly rental is R51,500. When fully tenanted the monthly income is R69,500.

Prime location and sought after by prospective tenants. All current tenants have leases in place.

Prominently located with easy access to all arterial routes and just a quick 15 minutes away from Eastgate and Bedford View Shopping Malls. Opposite Fairview Primary School. Within walking distance to Jeppe Police Station & Fire Station

Property Reference #: SD694COM

Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1176775556
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Estimated monthly repaymentR 39,827
Total property loan amountR 3,675,000
Total interestR 5,883,297
Total repaymentR 9,558,297
Interest rate at 11.75% for 20 years *
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