Nice Investment Opportunity

R 1,830,000

Can I afford this?
2 years ago308 views
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General Details
Description
This unit comes with a lease already in place with a Quality Tenant. It is a very Neat Unit in a New and Neat Security Complex in Imbonini, which is an Industrial Park at Shakas Head. Downstairs has a floor size of 145sqm.

The Mezzanine floor is another 60sqm, bringing the total Floor space to 205sqm. A very popular size for Tenants. There is a Roller Door, which is in excess of 3,5m high, as well as a Pedestrian door. Conveniently, there are both a Kitchenette and Ablutions Upstairs as well as Downstairs. Each Unit has 2 Parking bays.

There are also Communal Ablutions in the Complex for Factory Staff. Imbonini has easy access to the R102, as well as the N2 Freeway. This Industrial Park is only 7 minutes away from the Centre of Ballito

Property Reference #: CL1012

Agent Details:
Dean Hodgson
Property Partners Cornerstone (Pty) LTD
25 San Marina
Seaward Estate
Ballito
4420

Id Subtitle 987515047
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Estimated monthly repaymentR 19,832
Total property loan amountR 1,830,000
Total interestR 2,929,642
Total repaymentR 4,759,642
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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