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580m² Retail For Sale in Pietermaritzburg Central
R 4,750,000
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1 year ago455 views
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General Details
Location:
Description
5 shops no lease
Total income 53k
580 sqm
Commercial
Prime pmb central investment
This property is situated in a heart of pmb. Closes to the city hall and main city centers. The area attracted hundered of people daily who pass by or work in the vercernity. It's the Hub of pmb with promises of untold potential.
The building is currently tenanated with a decent rental to support the purchase. There are five commercial sites. Each with its own entrance, offering various services and products. The property has potential to be developed further, subject to city approvals, to gain higher potential income.
The property is ready to unlock its true value for an investor who has the vision to develop. Potential clients who are pre approved would be given the opportunity to view and discuss further details. Carry identification on arrival as we serious about client security.
Property Reference #: CL1912478
Agent Details:
Sulaiman Karodia
Urban Link
Unit 3, Ingliside Office Park,
29 Howick Road,
Wembley,
Pietermaritzburg, 3201.
Total income 53k
580 sqm
Commercial
Prime pmb central investment
This property is situated in a heart of pmb. Closes to the city hall and main city centers. The area attracted hundered of people daily who pass by or work in the vercernity. It's the Hub of pmb with promises of untold potential.
The building is currently tenanated with a decent rental to support the purchase. There are five commercial sites. Each with its own entrance, offering various services and products. The property has potential to be developed further, subject to city approvals, to gain higher potential income.
The property is ready to unlock its true value for an investor who has the vision to develop. Potential clients who are pre approved would be given the opportunity to view and discuss further details. Carry identification on arrival as we serious about client security.
Property Reference #: CL1912478
Agent Details:
Sulaiman Karodia
Urban Link
Unit 3, Ingliside Office Park,
29 Howick Road,
Wembley,
Pietermaritzburg, 3201.
Id Subtitle 1160132548
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Estimated monthly repaymentR 51,477
Total property loan amountR 4,750,000
Total interestR 7,604,261
Total repaymentR 12,354,261
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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Selling for 1 year
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