Commercial property for sale in Kenilworth

R 2,900,000

Can I afford this?
2 months ago53 views
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General Details
Description
Commercial property situated on a corner plot with 5 shops and 2 semi detached houses .

Shops are fully tenanted. All shops have sub-water and electricity meters.

There are 2 semi detached houses consists of 3 bedrooms, open plan lounge and dining room,separate kitchen and a bathroom, toilet, bathtub and shower,with each unit having a small yard,single garage and an outside room with a toilet.

All the rooms have built in cupboards.

Current rental income is R35 000/ month.With a little bit of work,rental can be even higher.

Rates and taxes R3707

Property Reference #: 15020

Agent Details:
Delphin Tshitenda
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg

Id Subtitle 1268521049
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No. of years
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Estimated monthly repaymentR 31,428
Total property loan amountR 2,900,000
Total interestR 4,642,602
Total repaymentR 7,542,602
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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Okandivi Properties
Selling for 7+ years
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