Commercial Property for Sale in Bishop Lavis

R 2,400,000

Can I afford this?
8 months ago196 views
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General Details
Location:
Description
Commercial Property Investment With Grounds
This lucrative investment property is well situated just off Bishop Lavis Drive, it served this community for over 20 years and is located in a well-placed and supported community, SAPS and medical personnel and more.

This building comprises 3 shop spaces, with a total rental income of R20 000 per month, currently made up of a supermarket and a church, to top it off is the empty space for further retail or residential development, ideal for a contractor or an investor

Contact me to secure an appointment for viewing.

Rates And Taxes: 1229
Property Reference #: 2694

Agent Details:
Pieter Louw (B.Econ. MDP. CEA)
K Real Estate Group
Cnr Langverwacht & Klein Street, Kuils River, Cape Town, South Africa
Cape Town

Id Subtitle 1226117053
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Estimated monthly repaymentR 26,009
Total property loan amountR 2,400,000
Total interestR 3,842,153
Total repaymentR 6,242,153
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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K Real Estate Group
Selling for 7+ years
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Active Ads30
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