Investment Property Ndabeni

R 15,000,000

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General Details
Description
This fully tenanted property is immaculate. It is found in one of the most central locations in Cape Town, coupled with the greatest ease of access.
There are 3 buildings on 2 erven, 2 of which are single storey warehouses with roller shutter access. The 3rd is spread over 3 floors with a 1-ton goods lift from ground to 2nd.
500 amps of power, each unit with its own prepaid meter.
No work to be done to continue with existing leases, and the MU2 zoning allows for additional bulk.
Seller is VAT registered.
Further detail available on enquiry.

Property Reference #: 6402525

Agent Details:
JN Quay 1
Quay1 International Realty
153 Kloof Street
Gardens
Cape Town

Id Subtitle 1269075322
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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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Quay1 International Realty
Selling for 2+ years
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