Stand-alone warehouse / retail

R 42,000,000

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8 months ago50 views
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General Details
Description
Prime property located in the heart of Paarden Eiland.
This 5007sqm building is split over three floors.
Key features:
Staff lift and 1 Ton goods lift.
3 Phase power supply
Roller shutter door with exclusive yard and roller shutter door with road access.
Yard / driveway on both sides of the building.
Ground floor retail space with warehouse area.
Neat offices, boardroom, training centre plus bar area.
Multiple ablutions.
Kitchens
Two walk-in safes.
Fire escapes.
Off street parking.
Steers already a tenant on the ground floor.

Located just off Marine Drive and close to Koeberg Rd, N1, M5 as well as the Harbour and CBD.

This property is also TO LET at R275,000 per month excluding VAT and utilities.

Call Justin or Grant to arrange a viewing.

Property Reference #: 12496

Agent Details:
Grant Tarr
Asset Property Group
Eastwood Office Park Unit 14, 11b Riley Road, Bedfordview

Id Subtitle 1229597353
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Estimated monthly repaymentR 455,157
Total property loan amountR 42,000,000
Total interestR 67,237,672
Total repaymentR 109,237,672
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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Asset Property Group
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