Barbeque Corner | Unit for sale in Midrand

R 1,200,000

Can I afford this?
4 months ago127 views
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General Details
Description
This property is available to an investor who would like to start getting their feet wet in the industrial market. There is no VAT applicable as it is owned by a Trust. It is one of the most popular sizes in the area and always the first to rent out when a vacancy becomes available. There is currently a tenant in place until July 2024 who has been in occupation since 2014, however if this tenant vacates there are always others looking to secure a place in this park.

The units offers pre-paid metered electricity, single phase, and the water is also individually metered and billed by the body corporate. The park offers excellent security, with boomed off access as well as fingerprint access for tenants and owners after hours to ensure the safety and security of the park. This unit also comes with a shade-net parking bay, and there are visitors parking available in the park. The property offers an on-grade and high roller shutter door, and there is lovely natural lighting available to the unit.

Property Reference #: JW117BC10

Agent Details:
Jess Irving
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 1250864746
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Estimated monthly repaymentR 13,005
Total property loan amountR 1,200,000
Total interestR 1,921,077
Total repaymentR 3,121,077
Interest rate at 11.75% for 20 years *
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API Property Group
Selling for 6+ years
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