OtherCommercial in De Beers For Sale

R 11,500,000

Can I afford this?
17 days ago26 views
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General Details
Size (sqm):3200
Parking:Street
Description
INVERSTORS !!! - You Don’t Want to Miss This!!!!

Large commercial and residential building

Conveniently located amidst bustling commercial activity

+ Rental income R175 000
3 200sqm

Comprising of ground floor shop fronts.
• At Street level - ground-floor shops, attracting both foot traffic and attention from passers-by
• 1st floor: 13x offices with a big Storeroom or boardroom, three bathrooms, and a kitchenette
• 2nd floor: 35x parking
• 3rd, 4th and 5th floor

15 x two-bedroom flats

All units consist of a double storey and have beautiful tiles, bathroom, built-in cupboards, kitchen and living area
The building also has access to a lift, fire escape and stairs.

The roof, completely waterproofed with a 10-year guarantee, ensures long-term protection

• On the roof, you will find one big antenna and two smaller antennas being rented by Telkom, Nuwcom, and Radio call for extra income

Contact us to view this Property


Security Features: Access Gate
Property Reference #: 4126973

Agent Details:
Linda Erlank
Amanzimtoti
Chas Everitt
44 Yente Street
Hadisonpark
Kimberley
8301


Id Subtitle 1276087195
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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 3+ years
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