Investment opportunity in Small Business Park

R 1,505,250

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1 year ago230 views
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General Details
Description
Current Lease unit August 2023 at R13 474ex Vat, Offering a 9.10% Yield

Senna Place is a secure business park located in the Killarney Gardens Industrial area. It allows easy access to all major arterial transport routes, public transport infrastructure, and retail amenities.

The unit has the following features:

- Clear, freespan warehouse area.
- 60 AMP 3 phase electricity supply.
- 1x roller shutter door.
- 1x executive office.
- Kitchenette.
- 1x ablution facility.
- Automated gate access.
- Well managed park in good condition.

Killarney Gardens is one of the most established and sought after Industrial areas in Cape Town due to its close proximity to the Cape Town Port and Cape Town International Airport. It is centrally located with excellent access to all major transport routes being the N1, N2 and N7.

Property Reference #: CL12194

Agent Details:
Christo Laten
Annenberg Property Group
Office 2DMatrix8 BridgewayCentury City 7441
Bridgeway
Century City
7441
Id Subtitle 1196070447
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Estimated monthly repaymentR 16,313
Total property loan amountR 1,505,250
Total interestR 2,409,751
Total repaymentR 3,915,001
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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Annenberg Property Group
Selling for 7+ years
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