Income Producing Commercial Property For Sale

R 1,700,000

Can I afford this?
7 months ago80 views
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General Details
Location:
Amanzimtoti, South Suburbs
Description
The subject property is centrally located in the old Amanzimtoti CBD in close proximity to the taxi rank and train station. The surrounding buildings consist of good anchor tenants that attract substantial foot traffic.
The property comprises 3 separate spaces or it could be combined into 1 large space. Currently fully let with an excellent ROI.

The property has excellent road visibility.

A good return on investment as the landlord has leases in place providing a positive monthly income. Information may be supplied on the signing of an NDA.

Property Reference #: ULC186

Agent Details:
Alan Coetzer
Urban Link
The Pivot
Block E
Monte Casino Boulevard
Fourways
2191

Id Subtitle 1235783321
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Estimated monthly repaymentR 18,424
Total property loan amountR 1,700,000
Total interestR 2,721,525
Total repaymentR 4,421,525
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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Urban Link
Selling for 1 year
Total Ads1.49K
Active Ads1.49K
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