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VERSITILE SPACE IN MAITLAND
R 15,000,000
Can I afford this?
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1 year ago125 views
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Description
This property has two erven - warehouse and three story building with a yard . To be used for manufacturing , warehouse , showroom and offices . Three separate lettable areas grossing R112 000 per month ex vat . An additional income can be earned from advertising facing the M5. The 3 story building has a 1 tonne lift from ground to 2nd floor. Motorized shutter door access.
Zoning is mixed use so can be developed into living space . Opportunity for investor to repurpose certain spaces to maximize income .
This is an opportunity to own a versatile space.
Contact Robin for a viewing today!
Property Reference #: CL3561
Agent Details:
Robin Lautenbach
Sothebys International Realty Commercial
49 Tokai Road
Tokai
7945
Zoning is mixed use so can be developed into living space . Opportunity for investor to repurpose certain spaces to maximize income .
This is an opportunity to own a versatile space.
Contact Robin for a viewing today!
Property Reference #: CL3561
Agent Details:
Robin Lautenbach
Sothebys International Realty Commercial
49 Tokai Road
Tokai
7945
Id Subtitle 1180677254
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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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Sothebys International Realty Commercial
Selling for 2+ years
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