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Central located easily accessible 2 storey warehouse with offices - 2 in one
R 8,995,000
Can I afford this?22 Photo(s)
3 months ago84 views
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General Details
Location:
Description
This property is centrally located in a light industrial area of North End in East London, adjacent to
the East London CBD and Braelyn and in close proximity to all basic amenities.
The property has 2 main entrances from Magnolia Street and is uniquely designed.
Effectively 2 warehouses, with benefits, in one!
The bottom floor has its own entrance, considerable office space, boardroom, ablution and kitchen area. Considered the 'ground floor' it boasts 1280sqm of undercover warehouse space.
The top floor has been used as an auction house, with offices, reception areas, boardrooms and warehouse space of approx 1920 sqm.
A long-term lase of R140k per month for the top floor is on offer
should the purchaser wish to retain current occupant.
Upstairs and downstairs are linked by a slopped drive way and back yard which can be shared or easily separated.
The back yard is approx 710sqm.
There is also a front yard of approx 540sqm.
Give me a call to discuss the finer detail about what is on offer.
Rates And Taxes: 20511
Property Reference #: 2261960
Agent Details:
Ralf Wittrowski
Trafalgar Property Management East London
9 Vincent Road, Vincent, East London
the East London CBD and Braelyn and in close proximity to all basic amenities.
The property has 2 main entrances from Magnolia Street and is uniquely designed.
Effectively 2 warehouses, with benefits, in one!
The bottom floor has its own entrance, considerable office space, boardroom, ablution and kitchen area. Considered the 'ground floor' it boasts 1280sqm of undercover warehouse space.
The top floor has been used as an auction house, with offices, reception areas, boardrooms and warehouse space of approx 1920 sqm.
A long-term lase of R140k per month for the top floor is on offer
should the purchaser wish to retain current occupant.
Upstairs and downstairs are linked by a slopped drive way and back yard which can be shared or easily separated.
The back yard is approx 710sqm.
There is also a front yard of approx 540sqm.
Give me a call to discuss the finer detail about what is on offer.
Rates And Taxes: 20511
Property Reference #: 2261960
Agent Details:
Ralf Wittrowski
Trafalgar Property Management East London
9 Vincent Road, Vincent, East London
Id Subtitle 1317697192
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Estimated monthly repaymentR 97,480
Total property loan amountR 8,995,000
Total interestR 14,400,069
Total repaymentR 23,395,069
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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Trafalgar Property Management East London
Selling for 4+ years
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