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25, 5th Avenue | Investment Property for Sale in Alberton North

R 15,000,000

Can I afford this?
1 year ago429 views
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General Details
Location:
Alberton, East Rand
Description
Discover a prime investment at 25, 5th Avenue, Alberton North, available for R15 million excluding VAT. This property comprises 18 units, including 12 two-bedroom apartments (76m² each) and 6 three-bedroom apartments (96m² each). Every unit features two bathrooms, two parking bays, and private gardens for ground-floor units.

Located in the heart of Alberton North, this property offers easy access to shopping, dining, and excellent schools. Proximity to the N12 highway ensures a quick commute to Johannesburg, making it an ideal choice for tenants seeking convenience and a well-rounded lifestyle.

Property Reference #: CL113274

Agent Details:
Nkululeko Vilakazi
OfficePlace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 1304716324
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Estimated monthly repaymentR 152,285
Total property loan amountR 15,000,000
Total interestR 21,548,243
Total repaymentR 36,548,243
Interest rate at 10.75% 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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