Highbury, Business opportunity

R 660,000

Can I afford this?
26 days ago9 views
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General Details
Location:
For Sale By:Agency
Description
Highbury in the Midvaal.Close to the R59 highway.
Good location to start your industrial or commercial business.
This is a corner stand with plenty of businesses in the area
Size of the land 4,000 m2. Walled on the one side.
Services available, water and electricity.
Before building a property on the land the municipality require a soil test that must be submitted with the plans.
To purchase the property you can either finance it cash or by obtaining a bond from a bank.
The banks require a deposit of 40%
Phone our Property Consultant Vic to view this property
Registered with the PPRA Property Practitioners Regulatory Authority.

Property Reference #: 2217642

Agent Details:
Vic Van Der Walt
The Agents And Associates
101 Vermooten Street, Brackenhurst, Alberton, 1448, Gauteng, South Africa

Id Subtitle 1274542873
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Estimated monthly repaymentR 7,153
Total property loan amountR 660,000
Total interestR 1,056,592
Total repaymentR 1,716,592
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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The Agents And Associates
Selling for 3+ years
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