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FOR SALE- 2200M2- 3 TENANTS- GREAT LOCATION- R7100PM2
R 15,000,000
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3 months ago34 views
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General Details
Location:
Description
We have a 2100m2, 3 tenant building in Maitland right near the M5 interchange- fantastic, sought after location, with very low vacancy, and strong demand now and into the future.
1 building is "stand-a-lone" and separate from the rest, with steel roof, parking and 150amps
500amps total supply-
The 2nd building is a 3 floor, single user (long term) with 1000kg good lift, can be repurposed for many uses (erf is MU2/Mixed use)
Large size media advertising on front and rear facade. (leased)
Total income is R1,839,480pa, with r/t at R9,239.00pm (R110868.00 p/a)
This is a good opportunity for the savvy investor, with loads of upside/redev, into the future.
To view, or for more info call Jack Bass today.
Property Reference #: 371
Agent Details:
Jack Bass
Jack Bass Commercial Real Estate
5 Sunrise Circle, Ndabeni, Cape Town, 7405
1 building is "stand-a-lone" and separate from the rest, with steel roof, parking and 150amps
500amps total supply-
The 2nd building is a 3 floor, single user (long term) with 1000kg good lift, can be repurposed for many uses (erf is MU2/Mixed use)
Large size media advertising on front and rear facade. (leased)
Total income is R1,839,480pa, with r/t at R9,239.00pm (R110868.00 p/a)
This is a good opportunity for the savvy investor, with loads of upside/redev, into the future.
To view, or for more info call Jack Bass today.
Property Reference #: 371
Agent Details:
Jack Bass
Jack Bass Commercial Real Estate
5 Sunrise Circle, Ndabeni, Cape Town, 7405
Id Subtitle 1257982916
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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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Jack Bass Commercial Real Estate
Selling for 8+ months
Total Ads35
Active Ads35
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