Large Business Premises

R 6,325,000

Can I afford this?
10 months ago177 views
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General Details
Description
Good opportunity for an extra income
Large business premises with 7 buildings within the erf of 2631 sqm.
The largest building is 872 sqm, and the remainder ranges between 50 sqm - 105sqm - A total of 1465 sqm
They range from Spare parts, workshops, hair salons, 2 flats, and 6 toilets.
It is situated in the CBD area, and surrounded by many businesses.
Currently, only one building is vacant and the others are occupied.

Rates And Taxes: 2046
Property Reference #: 454

Agent Details:
Margaret Hofmeyr
Rose Real Estate
14A Joubert Street, Ladybrand, Free State, 9745
Ladybrand

Id Subtitle 1219429838
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Estimated monthly repaymentR 68,545
Total property loan amountR 6,325,000
Total interestR 10,125,674
Total repaymentR 16,450,674
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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Rose Real Estate
Selling for 7+ years
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