CommercialProperty in Durban now available

R 6,500,000

Can I afford this?
3 years ago856 views
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General Details
For Sale By:Agency
Size (sqm):620
Description
Musgrave - Close to DUT Campus - Stand Alone Property - Student Accomodation Premises - For Sale

Consists of Rooms, prepaid electricity, 24hr security, caretaker.

Building has fibre

5 x communal toilets/bathrooms, 2x kitchens, lounge areas.

Security access

Property situated walking distance to the DUT campus.

Erf size 620 sqm, Rates - R5 704,87

The property next door is also available for sale (32 single rooms)

Ideal for an Investment in student accommodation.

Please contact me to view.

Property Reference #: 3539730

Agent Details:
Anesh Chetty
Bloemfontein
Chas Everitt
Suite 103 Medstone Building
19 The High Street
Umhlanga Ridge

Id Subtitle 903399639
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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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Chas Everitt
Selling for 7+ years
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