Investment property for sale - fully let

R 6,500,000

Can I afford this?
4 months ago58 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: 1,784m²
ERF: 2,974m²

TENANT 1:
Lease period - 1 year
Lease commencement : 01-March-20
Escalation: CPI
Rental: R41,580 / month

TENANT 2:
Lease period - 3 years
Lease commencement : 01-April-23
Escalation: CPI
Rental: R31,000 / month

Rates: R16,174-00 / month
Insurance: R4,317-00 / month

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

Rates And Taxes: 16174
Property Reference #: 12160

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

Id Subtitle 1251043174
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
Interest rate at 11.75% for 20 years *
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Asset Property Group
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