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Industrial in Rustenburg Industrial For Sale
R 17,000,000
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10 months ago86 views
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General Details
Location:
Size (sqm):9374
Description
Plot size is 9,374 sqm.
Building size is 6,435 sqm, consisting of 12 units.
Rental income is R302,000 per month.
Municipal property tax is only R10,666.67 per month.
Built 4 new units since 2020, spending approximately R6 million.
Most tenants are national companies with a long history and contracts that generate fixed rental income. No vacancies.
There is a borehole with strong water supply. Each tenant has their own water tank and pressure pump system.
All tenants have pre-paid electricity.
Ample parking spaces inside and behind the fenced parking area.
Property Reference #: 3986981
Agent Details:
Tertius Olivier
Sandton
Chas Everitt
150 Kock St
Rustenburg,
0299
Building size is 6,435 sqm, consisting of 12 units.
Rental income is R302,000 per month.
Municipal property tax is only R10,666.67 per month.
Built 4 new units since 2020, spending approximately R6 million.
Most tenants are national companies with a long history and contracts that generate fixed rental income. No vacancies.
There is a borehole with strong water supply. Each tenant has their own water tank and pressure pump system.
All tenants have pre-paid electricity.
Ample parking spaces inside and behind the fenced parking area.
Property Reference #: 3986981
Agent Details:
Tertius Olivier
Sandton
Chas Everitt
150 Kock St
Rustenburg,
0299
Id Subtitle 1215087727
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Estimated monthly repaymentR 184,231
Total property loan amountR 17,000,000
Total interestR 27,215,249
Total repaymentR 44,215,249
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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Chas Everitt
Selling for 6+ years
Total Ads652
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