Commercial Property

R 2,535,000

Can I afford this?
5 months ago168 views
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General Details
For Sale By:Owner
Available From:16/05/2024
Size (sqm):338
Parking:Secure Parking
Description
Commercial Property for sale
2 units next to each other

Unit 1 - 338sqm Currently rented out to a workshop

Used as a Service and Repair Center.

Has 3 phase power.

Double volume.

Has a separate office toilet bathroom and kitchen.

Based in Durban North.

Victoria Park Safe and secure


Unit 2- 207sqm.

Tenant in place on a month to month basis.

Currently used as a workshop , can be used for investment .

Tenant willing to sign a yearly lease or you run a business of your choice. Double volume 3 phase power

Based in Durban north. Victoria Park

Separate office at the front.

Toilet and shower at the front Toilet and shower at the back.

Storage room or office at the back.

Currently used for mechanical repairs

Safe and secure


Both units on 1 cc and can be transferred straight to new owner with no transfer cost or duties.

Can be sold as one or seperate units.

Negotiable to a cash buyer.

All reasonable offers considered.

Id Subtitle 1254418316
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Estimated monthly repaymentR 27,472
Total property loan amountR 2,535,000
Total interestR 4,058,274
Total repaymentR 6,593,274
Interest rate at 11.75% for 20 years *
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Selling for 16+ years
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