Investment opportunity - Industrial facilities for sale in JHB CBD

R 3,500,000

Can I afford this?
1 year ago571 views
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General Details
Description
Investment opportunity!

This is two stands combined making it 995sqm which is a panel beater and a paintshop, both with existing leases in place. R3 million excluding VAT for the property only OR R3.5 million exlcudign VAT for the property and the tenants / equipment included.

Additional information on the premises:

Three phase power
20 ton Overhead crane that runs entire workshop
Spray booth
Spray Room
Chassis straightener
High Entrances for Trucks and busses
Two access points

Property Reference #: BKM995J

Agent Details:
Banakhumo Molefe
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 1154564709
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Estimated monthly repaymentR 37,930
Total property loan amountR 3,500,000
Total interestR 5,603,140
Total repaymentR 9,103,140
Interest rate at 11.75% for 20 years *
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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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