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Commercial land, close to Nelspruit
R 13,500,000
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10 months ago215 views
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General Details
Location:
For Sale By:Agency
Description
Situated, 4 km from West end centre, this 2.8 Ha land is offers the opportunity to earn a rental income. The lease agreements is mostly 5years, with different tenants. The rental income is currently R35/m2 + VAT.
The building size is +- 4000m2 with a variety of warehouses, all with commercial use.
Currently the Occupation is nearly 90%, with a 1000m2 available on 1 July 2023.
The Power is three phase and supplied by Eskom, delivering 250kvA, with prepaid tokens to the tenants.
Water is supplied by a 20000l Borehole, tenants also pay for water for use.
There is security in the form of an electric fence and beams. The tenants has access control.
Maintenance on the premises is done by a person who had worked there for many years, who is employed via a contract.
Please contact me to view.
Property Reference #: 2154758
Agent Details:
Sonja Nel
Karis Properties
553 Jacqueline Drive,
Garsfontein,
Pretoria East,
0042
Constantia Park
181
The building size is +- 4000m2 with a variety of warehouses, all with commercial use.
Currently the Occupation is nearly 90%, with a 1000m2 available on 1 July 2023.
The Power is three phase and supplied by Eskom, delivering 250kvA, with prepaid tokens to the tenants.
Water is supplied by a 20000l Borehole, tenants also pay for water for use.
There is security in the form of an electric fence and beams. The tenants has access control.
Maintenance on the premises is done by a person who had worked there for many years, who is employed via a contract.
Please contact me to view.
Property Reference #: 2154758
Agent Details:
Sonja Nel
Karis Properties
553 Jacqueline Drive,
Garsfontein,
Pretoria East,
0042
Constantia Park
181
Id Subtitle 1214942518
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Estimated monthly repaymentR 146,301
Total property loan amountR 13,500,000
Total interestR 21,612,109
Total repaymentR 35,112,109
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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Karis Properties
Selling for 5+ years
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