415m² Building For Sale in Bedfordview

R 4,850,000

Can I afford this?
4 months ago63 views
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Description
GREAT OPPORTUNITY FOR BUSINESS - AWAITING FINAL BUSINESS APPROVAL
This versatile property, well positioned in Bedfordview, offers substantial investment potential. Currently it has four separate spaces, ideal for tenants who prefer to share as they need a smaller space as well as a great location!.
Council pre-approval is in place and business rights are forthcoming.
The under roof area is versatile, fitting a range of business needs, and the location is primeâ??within the thriving commercial hub of Bedfordview.
Existing leases provide immediate income, with significant potential for future expansion.
This is a unique opportunity for savvy investors seeking a high return on investment in a flourishing location.
Please note purchase price EXCLUDES VAT, and NO TRANSFER DUTY IS PAYABLE.

Property Reference #: LFJN-12728

Agent Details:
Pat Meiring
Leapfrog Property Group
61 Linksfield Road
Dowerglen
Edenvale

Id Subtitle 1253062956
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Estimated monthly repaymentR 52,560
Total property loan amountR 4,850,000
Total interestR 7,764,351
Total repaymentR 12,614,351
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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Leapfrog Property Group
Selling for 2+ years
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