Large warehouse with existing income on Settlers Way in East London!

R 5,200,000

Can I afford this?
5 months ago63 views
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General Details
Description
This 1826 sqm commercial building is located on 2480 sqm land and easily accessible from Settlers Way, the main arterial road from East London to Port Elizabeth. The building, which can be used for warehousing or manufacturing, has 3 phase electricity and consists of different sections, some with temporary divisions. The premises are presently occupied by three different tenants. The different sections have open plan warehouse areas, offices, toilets and store rooms depending on each tenants needs. The building has fire hoses and fire extinguishers which are included in the sale.

Property Reference #: ELO-CS00054

Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247

Id Subtitle 1246223737
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Estimated monthly repaymentR 56,353
Total property loan amountR 5,200,000
Total interestR 8,324,665
Total repaymentR 13,524,665
Interest rate at 11.75% for 20 years *
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Century21
Selling for 3+ years
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