Well-maintained commercial property with 4 units for sale!

R 3,800,000

Can I afford this?
4 months ago93 views
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General Details
Description
This commercial property (628 sqm) is a great investment with great income potential! This secure building is in an excellent condition (recently painted), well looked after and totally fenced with palisades. This office space can easily be rented out to different companies. This property boasts the following units and income potential:
- 4 office suites (100sqm each) - each unit has 4 offices: R28 000 pm
- Small office at the back of the building (20 sqm) - R2 000 pm
- Two-bedroom flat at the back of the building - R4 500 pm
- Three lock-up garages at the back – R1 350 pm in total
- Six shaded parking’s (Each unit is allowed on shaded parking)
Each unit has a small entrance hall with four offices and toilets. A prepaid meter in installed in each unit. Both units on the second floor have a back door and steps that leads to the shaded parking’s at the back of the building. A call to gate system ensures extra security.
This property is VAT excluded: owner is registered for VAT.
Make an appointment to view this neat building!


Property Reference #: LFBM-1402

Agent Details:
Annet Kasselman
Leapfrog Property Group
3 Theron Street, Bethlehem, Free State

Id Subtitle 1252596453
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Estimated monthly repaymentR 41,181
Total property loan amountR 3,800,000
Total interestR 6,083,409
Total repaymentR 9,883,409
Interest rate at 11.75% for 20 years *
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Leapfrog Property Group
Selling for 2+ years
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