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Long Standing tenanted Industrial Property for Sale
R 14,000,000
Can I afford this?
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1 year ago102 views
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General Details
Location:
Description
This single tenant property is occupied by a foods manufacturer.
The current lease expired in 2024. The tenant has indicated that they would like to remain on the property and consider a renewal.
Costs with respect to the property covered by the landlord are property rates and building insurance.
The property has ASIB approved sprinklers.
Annual net income of R1,669,515
Please call me for more information.
Property Reference #: CL704
Agent Details:
Matt McTigue
Firzt Realty (Pty) Ltd
44 Glenhove Road
Melrose Estate
Johannesburg
The current lease expired in 2024. The tenant has indicated that they would like to remain on the property and consider a renewal.
Costs with respect to the property covered by the landlord are property rates and building insurance.
The property has ASIB approved sprinklers.
Annual net income of R1,669,515
Please call me for more information.
Property Reference #: CL704
Agent Details:
Matt McTigue
Firzt Realty (Pty) Ltd
44 Glenhove Road
Melrose Estate
Johannesburg
Id Subtitle 1102444493
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Estimated monthly repaymentR 151,719
Total property loan amountR 14,000,000
Total interestR 22,412,558
Total repaymentR 36,412,558
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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Firzt Realty (Pty) Ltd
Selling for 2+ years
Total Ads1.08K
Active Ads1.08K
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