2650 sq. meter Vacant Land Commercial in Doornfontein For Sale

R 5,500,000

Can I afford this?
4 months ago111 views
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General Details
For Sale By:Agency
Description
Property for sale in Doornfontein

Amazing investment opportunity - Don't miss this one  !!!

LOCATION  
The Property is located in Davies Street Doornfontein , between Moseley and Rocky Street Johannesburg 

FEATURES
• Land Size - 932sqm
• GLA -+- 2,650sqm
• 2 x Lifts service the building, one is a Goods Lift and the other is a  Passenger Lift.  
• Each floor includes ablution facilities.  
• The property includes a Stand adjacent to the building measuring 468sqm.

PROPERTY DESCRIPTION
The property is a Light Industrial Facility. Its 4 storeys excluding ground floor. 
Each floor is a mirror image of the other
The property is situated over two Erven in Doornfontein, within walking distance of the University. It is a converter’s dream due to the layout of the building, the location, the adjacent stand and the Price.
Suitable for accommodation 
REDEVELOP this  building for Student and or other low cost accommodation. There are many neighboring buildings being re-purposed due to  the influx of tenants looking for affordable living space.
Conveniently situated close to all the relevant amenities. 
Within walking distance to UJ Doornfontein campus and easy access to rail, bus, or taxi and all the city's amenities making  this Property an attractive Investment Opportunity . 
Well priced for it's Investment potential and Ideal location .  
Price: R 6 000 000,00

Call to arrange your private viewing now!


Property Reference #: ENT0187043

Agent Details:
Fahmida Cara
KW Clockwork Edenvale
49 Linksfield Road, Dowerglen, Edenvale, Gauteng, 1609

Id Subtitle 1253431802
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Estimated monthly repaymentR 59,604
Total property loan amountR 5,500,000
Total interestR 8,804,934
Total repaymentR 14,304,934
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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KW Clockwork Edenvale
Selling for 3+ years
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