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Investment Opportunity Killarney Gardens
R 7,500,000
Can I afford this?25 Photo(s)
2 years ago688 views
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General Details
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Description
Exciting tenanted property for Sale, the property comes in a great condition with 3 tenants with long standing leases. The property is extremely well maintained. This property comprises of 3 Units which can be split up as follows:
Unit 1: 500m² with cold storage, 5 parking bays
Unit 2: 185m², 2 parking bays
Unit 3: 200m², 3 parking bays
The property is fully tenanted and has long leases in place, contact me for rentals achieved per unit and lease length. The property has potential for 10% and higher IRR don't miss out. Contact John for full breakdown of incomes and expenses on the property. Please contact Annenberg Property Group to view this property or for any other business opportunity of a similar nature.
Property Reference #: CL10734
Agent Details:
Christo Laten
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Unit 1: 500m² with cold storage, 5 parking bays
Unit 2: 185m², 2 parking bays
Unit 3: 200m², 3 parking bays
The property is fully tenanted and has long leases in place, contact me for rentals achieved per unit and lease length. The property has potential for 10% and higher IRR don't miss out. Contact John for full breakdown of incomes and expenses on the property. Please contact Annenberg Property Group to view this property or for any other business opportunity of a similar nature.
Property Reference #: CL10734
Agent Details:
Christo Laten
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1049418813
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Estimated monthly repaymentR 81,279
Total property loan amountR 7,500,000
Total interestR 12,006,728
Total repaymentR 19,506,728
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
Total Ads792
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