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BUY TO RENT
R 2,990,000
Can I afford this?
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8 months ago352 views
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General Details
Location:
Description
Secure tenant, long term lease, excellent return on investment . Rental income of R40000 per month.
Very spacious closed show room and separate workshop. This business is 500m from Checkers Hyper and on a very busy street.
The current tenants has been there for over 15 years.
The Showroom area has 4 Separate offices, 2 Bathrooms, Workshop and 3 Store Rooms.
SEPERATE WORKSHOP - with office, 2 bathrooms, 2 Store Rooms and storeroom.
Only Serious Capable Buyers - Contact agent for a view!
Property Reference #: CL105
Agent Details:
Joe Opperman
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand
Very spacious closed show room and separate workshop. This business is 500m from Checkers Hyper and on a very busy street.
The current tenants has been there for over 15 years.
The Showroom area has 4 Separate offices, 2 Bathrooms, Workshop and 3 Store Rooms.
SEPERATE WORKSHOP - with office, 2 bathrooms, 2 Store Rooms and storeroom.
Only Serious Capable Buyers - Contact agent for a view!
Property Reference #: CL105
Agent Details:
Joe Opperman
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand
Id Subtitle 1225594668
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Estimated monthly repaymentR 32,403
Total property loan amountR 2,990,000
Total interestR 4,786,682
Total repaymentR 7,776,682
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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Vartrust Real Estate
Selling for 7+ years
Total Ads294
Active Ads294
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