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0 sq. meter Retail in Steytler For Sale
R 6,500,000
Can I afford this?
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General Details
Location:
Size (sqm):1008
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Description
FIVE SHOPS, FIVE FLATS (BUILDING IS FULLY TENANTED)
ZONED BUS 1
4X TWO BEDROOM FLATS & 1X ONE BEDROOM FLAT
NEWLY PAINTED!
Highly visible commercial building (VANS GEBOU/BUILDING) with shops and flats in Steytlertownship, Port Elizabeth.
The premises provides ample open parking and secure parking and is easily accessible for all commuters along a public transport route.
The Vans Building is divided into multiple shops and flats allowing for investment risk to be spread out and ensuring that the property is always having a steady stream of income. Situated on the corner of a busy intersection and is popular with commuters.
The building premises is made of three levels on over 1000sqm ERF which has five large shops, and 5 large flats which are fully tenanted.
Income R81 500 per month
Brilliant Return on Investment
3 Phase Electricity on the premises
Pre-Paid Electricity
Electric Fence
2x Jojo Tanks
CCTV Cameras
FINANCIALS AVAILABLE FOR SERIOUS BUYER!
Call me to arrange a private viewing today!
Rates And Taxes: 10000
Property Reference #: ENT0247919
Agent Details:
Dexter Kannemeyer
KW Explore PE
279 Cape Rd, Metropolitan Office Park, Block B, 1st Floor, Newton Park, Port Elizabeth, Eastern Ca
ZONED BUS 1
4X TWO BEDROOM FLATS & 1X ONE BEDROOM FLAT
NEWLY PAINTED!
Highly visible commercial building (VANS GEBOU/BUILDING) with shops and flats in Steytlertownship, Port Elizabeth.
The premises provides ample open parking and secure parking and is easily accessible for all commuters along a public transport route.
The Vans Building is divided into multiple shops and flats allowing for investment risk to be spread out and ensuring that the property is always having a steady stream of income. Situated on the corner of a busy intersection and is popular with commuters.
The building premises is made of three levels on over 1000sqm ERF which has five large shops, and 5 large flats which are fully tenanted.
Income R81 500 per month
Brilliant Return on Investment
3 Phase Electricity on the premises
Pre-Paid Electricity
Electric Fence
2x Jojo Tanks
CCTV Cameras
FINANCIALS AVAILABLE FOR SERIOUS BUYER!
Call me to arrange a private viewing today!
Rates And Taxes: 10000
Property Reference #: ENT0247919
Agent Details:
Dexter Kannemeyer
KW Explore PE
279 Cape Rd, Metropolitan Office Park, Block B, 1st Floor, Newton Park, Port Elizabeth, Eastern Ca
Id Subtitle 1279862677
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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 Explore PE
Selling for 1 year
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