MAITLAND | INDUSTRIAL PARK WITH MICRO UNITS FOR SALE ON 7TH AVENUE, CAPE TOWN

R 23,000,000

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1 year ago349 views
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Description
Maitland, industrial park with micro units for sale on 7th Avenue, Cape Town. This prime industrial unit is situated in a secure park located in the highly sought-after area of Maitland. With its central location, public transportation and nearby amenities are conveniently within walking distance.

The park boasts a thriving tenant community, with 32 tenants generating a monthly rental income of R 248,512.79. The park offers a range of unit sizes, varying from 30sqm to 320sqm, and the rental roll is available for review upon request.

Property Reference #: SM44199BPM.1

Agent Details:
Sean Mattheus
API Property Group
Block 4, Portion of 1st Floor
Unit 403, De Tijger Office Park
Cnr McIntyre & Hannes Louw Drive


Id Subtitle 1154704883
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Estimated monthly repaymentR 249,253
Total property loan amountR 23,000,000
Total interestR 36,820,630
Total repaymentR 59,820,630
Interest rate at 11.75% for 20 years *
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API Property Group
Selling for 6+ years
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