Industria West | Freestanding property for sale

R 4,300,000

Can I afford this?
1 year ago115 views
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Description
INVESTMENT OPPORTUNITY!

Very neat and spacious, stand alone industrial facility available for purchase. The property measures 1,356sqm set on a 3,342sqm stand. The premises comprises of a warehouse, office block, ablution facilities, plenty undercover parking bays as well as there's a concrete yard. The building is equipped with 450 amps three phase electrical power supply.

*The rental receiveD is R54 965.16 incl vat or R47 795.79 ex vat @ 9% escalation.
*Current owners pay the rates being R5 289.37 per month. Tenants pay consumption being electricity, water, refuse, and sundry items

Property Reference #: AS1356IW

Agent Details:
Andrew Sanderson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia

Id Subtitle 1195907607
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Estimated monthly repaymentR 46,600
Total property loan amountR 4,300,000
Total interestR 6,883,857
Total repaymentR 11,183,857
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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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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