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Perfect Commercial Building for Sale
R 4,100,000
Can I afford this?
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9 months ago131 views
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General Details
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Description
Tyson Properties Commerical brings you a lucrative opportunity open to investors and/or end-users.
This double storey mixed use building currently operates as River Palace bets. The upper level operates a tote while the lower level is a bar, restaurant and a hot spot for 'pool' players. The bar features an industrial kitchen which invites home industry rental revenue. Each level is interconnected with a mini bar are on the upper level. The tote can easily be turned into office space while the bottom could operate as multiple service based businesses.
Building is sold with current tenants and existing leases. Lease information available on request.
Parking bays are situated directly outside the building accommodating approximately 8-10 vehicles. Property has all round access and has potential for subdivision to enhance rental revenue. We invite all investors, end-users and/or developers to take advantage of this great offer. Call and make your appointment to view today.
Property Reference #: TPC329
Agent Details:
Rory Booth
Tyson Properties
Office 1 Station Building
Lion Match Office Park
892 Umgeni Road
Durban, 4001
This double storey mixed use building currently operates as River Palace bets. The upper level operates a tote while the lower level is a bar, restaurant and a hot spot for 'pool' players. The bar features an industrial kitchen which invites home industry rental revenue. Each level is interconnected with a mini bar are on the upper level. The tote can easily be turned into office space while the bottom could operate as multiple service based businesses.
Building is sold with current tenants and existing leases. Lease information available on request.
Parking bays are situated directly outside the building accommodating approximately 8-10 vehicles. Property has all round access and has potential for subdivision to enhance rental revenue. We invite all investors, end-users and/or developers to take advantage of this great offer. Call and make your appointment to view today.
Property Reference #: TPC329
Agent Details:
Rory Booth
Tyson Properties
Office 1 Station Building
Lion Match Office Park
892 Umgeni Road
Durban, 4001
Id Subtitle 1223841667
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Estimated monthly repaymentR 44,432
Total property loan amountR 4,100,000
Total interestR 6,563,678
Total repaymentR 10,663,678
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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Tyson Properties
Selling for 3+ years
Total Ads139
Active Ads139
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139Total Ads
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