Industrial for Sale in Sebenza, Edenvale

R 7,900,000

Can I afford this?
4 months ago51 views
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General Details
Description
Fully let investment property for sale! Various tenants occupy this stand alone property situated on a quiet road in Sebenza. The property has ample customer parking in front.

Total under roof area: 2,306m²
ERF: 4,231m²

TENANT 1:
Lease period - 3 years
Lease commencement : 01-Nov-21
Escalation: 7%
Rental: R23,540 / month

TENANT 2:
Lease period - 2 years
Lease commencement : 01-Aug-22
Escalation: CPI
Rental: R24,000 / month

TENANT 3:
Lease period - 5 years
Lease commencement : 01-Oct-22
Escalation: 6%
Rental: R16,000 / month

TENANT 4:
Lease period - 3 years
Lease commencement : 01-Aug-20
Escalation: 8%
Rental: R16,000 / month

TENANT 5:
Lease period - 3 years
Lease commencement : 01-May-22
Escalation: 8%
Rental: R9,000 / month

Rates: R12,382-00 / month
Insurance: R4,559-00 / month

Contact APG today to secure your next COMMERCIAL or INDUSTRIAL space. Industrial and Commercial Property Specialists!

Rates And Taxes: 12382
Property Reference #: 12158

Agent Details:
Raymond Roos
Asset Property Group
Eastwood Office Park Unit 14, 11b Riley Road, Bedfordview

Id Subtitle 1251044444
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Estimated monthly repaymentR 85,613
Total property loan amountR 7,900,000
Total interestR 12,647,086
Total repaymentR 20,547,086
Interest rate at 11.75% for 20 years *
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Asset Property Group
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