5.8 Ha PROPERTY FOR INVESTOR (@ R 199/SQM)

R 6,250,000

Can I afford this?
2 years ago163 views
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General Details
Location:
Katlehong, Johannesburg
Description
Rental income R150k/Month (To be sold with leases)
Near Lido-Hotel & Eye-of-Africa, on Swartkoppies Rd,
pass Waterstone-College and Mall-of-the-South,
Buildings 1,400 sqm * Yard space 22,000 sqm
Stand SIZE 57,885 sqm (Rates 1,994/m)
Zoned RESIDENTIAL (to be rezoned)

Property Reference #: CL299

Agent Details:
Johann Steenkamp
Allegiance Properties
207 Biggarsberg Street
Glenvista
Gauteng
2058

Id Subtitle 1038120586
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Estimated monthly repaymentR 67,732
Total property loan amountR 6,250,000
Total interestR 10,005,606
Total repaymentR 16,255,606
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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Allegiance Properties
Selling for 2+ years
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