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Investment opportunity - Warehouse For Sale in Strijdom Park
R 14,000,000
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General Details
Location:
Description
SOLE MANDATE
Investment opportunity!
This well maintained multi tenanted park is zoned industrial 1 available for purchase at R14 million with an initial gross yield of 10.4% ("starting" return). There are "upside" long standing tenants in half the complex.
Large, 450 amps three phase electrical power supply available with ample parking bays present for each unit. Low maintenance face brick building which aids in easier management for owner.
For more information on the net annual income and expenses, please don't hesitate to contact Dion Williams.
Property Reference #: DW2998S
Agent Details:
Dion Williams
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Investment opportunity!
This well maintained multi tenanted park is zoned industrial 1 available for purchase at R14 million with an initial gross yield of 10.4% ("starting" return). There are "upside" long standing tenants in half the complex.
Large, 450 amps three phase electrical power supply available with ample parking bays present for each unit. Low maintenance face brick building which aids in easier management for owner.
For more information on the net annual income and expenses, please don't hesitate to contact Dion Williams.
Property Reference #: DW2998S
Agent Details:
Dion Williams
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Id Subtitle 1144081933
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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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API Property Group
Selling for 6+ years
Total Ads2.75K
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