Commercial Property for sale in Larkfield ,Stanger

R 2,950,000

Can I afford this?
9 months ago169 views
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General Details
Description
This commercial entity is situated a stones throw away from the town centre

and within walking distance to 3 large industries in the area employing about

10000 employees.

The double storey building consists of seven units. The 3 ground

floor units are completed and is already tenanted. A great opportunity exits for

someone looking to generate rental income from this opportunity.

Rental demand is high and 2 of the units have the potential for a bottle

store and convenience store. There is also enough space to add a much

needed car wash in the area. the building is being sold with municipal

approved plans.

Property Reference #: 12676

Agent Details:
Sfiso Mavundla
Okandivi Properties
Lydenburg, Mpumalanga
Lydenburg

Id Subtitle 1232453814
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Estimated monthly repaymentR 31,970
Total property loan amountR 2,950,000
Total interestR 4,722,647
Total repaymentR 7,672,647
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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