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Investment of Industrial property
R 1,375,000
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1 year ago336 views
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General Details
Location:
Description
This lovely Unit is in the popular Laguna Seca complex.
There is currently a lease in place for a monthly rental of R10,270 per month, until Dec 2022. But, the Tenant has shown
interest in renewing the Lease with the New Owner.
The current owner has assured me these are good Tenants and pay their rent timeously.
Alternatively, if you would like to use the unit for yourself, you do not need to renew the Lease.
The front door leads to the factory area on the left and past the stairs to the right. There are Ablutions downstairs as well
as upstairs.
Upstairs has an open office area, which can be converted into a closed office, if so desired.
There is also a closed Office with a nice kitchen.
This is a very neat unit and will be an asset whether for own use or simply an Investment.
Property Reference #: CL1300
Agent Details:
Dean Hodgson
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420
There is currently a lease in place for a monthly rental of R10,270 per month, until Dec 2022. But, the Tenant has shown
interest in renewing the Lease with the New Owner.
The current owner has assured me these are good Tenants and pay their rent timeously.
Alternatively, if you would like to use the unit for yourself, you do not need to renew the Lease.
The front door leads to the factory area on the left and past the stairs to the right. There are Ablutions downstairs as well
as upstairs.
Upstairs has an open office area, which can be converted into a closed office, if so desired.
There is also a closed Office with a nice kitchen.
This is a very neat unit and will be an asset whether for own use or simply an Investment.
Property Reference #: CL1300
Agent Details:
Dean Hodgson
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420
Id Subtitle 1126894855
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Estimated monthly repaymentR 14,901
Total property loan amountR 1,375,000
Total interestR 2,201,234
Total repaymentR 3,576,234
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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Property Partners Cornerstone (Pty) LTD
Selling for 3+ years
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