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Entire Sectional Title Building for Sale
R 11,500,000
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1 year ago245 views
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Description
The building is sectionalized into 8 separate units.
Each rentable unit is a decent size and will appeal to many business types .
To be purchased in its entirety
Fully leased
Gross Rental Income R1 738 980 per annum
Basement 230
Ground 1691
First Floor 1136
Three phase electricity
This industrial zoned building is facing the busy main road of Voortrekker Road and is easily accessible to staff and customers alike .
Good business opportunity as industrial property is in short supply in the Cape Town area.
Contact Robin or Maryann to view .
Property Reference #: CL3453
Agent Details:
Robin Lautenbach
Sothebys International Realty Commercial
49 Tokai Road
Tokai
7945
Each rentable unit is a decent size and will appeal to many business types .
To be purchased in its entirety
Fully leased
Gross Rental Income R1 738 980 per annum
Basement 230
Ground 1691
First Floor 1136
Three phase electricity
This industrial zoned building is facing the busy main road of Voortrekker Road and is easily accessible to staff and customers alike .
Good business opportunity as industrial property is in short supply in the Cape Town area.
Contact Robin or Maryann to view .
Property Reference #: CL3453
Agent Details:
Robin Lautenbach
Sothebys International Realty Commercial
49 Tokai Road
Tokai
7945
Id Subtitle 1164888097
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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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Sothebys International Realty Commercial
Selling for 2+ years
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