Commercial property in Prime spot

R 10,750,000

Can I afford this?
1 year ago106 views
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General Details
Location:
Description
The property consist of the following:

Main building:
5 areas
1 x kitchen
2 x bathrooms (male and femaile)

Building 2:
3 x servant quarters.
laundry area
Seperate shower
Seperate toilet

1 x single flatlet with kitchen and bathroom

Property is fully fenced with palacade all round.
18 parkings available in total
Total income currently is R20 600.00

Situated in main road near all amenities and schools.

Looking to invest and build apartments this property will be perfect. The property can be zoned by applying at the municipality.

Contact Elizane Marner to view the property

Property Reference #: CL407

Agent Details:
Elizane Marner
Property Connect Hoofkantoor
Office 4, Sayer Square
cnr Mitchell and Cathedral Street
George
6530

Id Subtitle 1179197130
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Purchase price
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No. of years
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Estimated monthly repaymentR 116,499
Total property loan amountR 10,750,000
Total interestR 17,209,643
Total repaymentR 27,959,643
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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Property Connect Hoofkantoor
Selling for 2+ years
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