COMMERCIAL BUILDING FOR SALE

R 850,000

Can I afford this?
9 months ago342 views
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General Details
Description
Secure tenant, long term lease, excellent return on investment . Rental income of R14000 per month.
This building in central klerksdorp is still the original house where on side is used for offices and the other for a store room. This gives the buyer opportunity to use it as a house, business or demolished it and built a complete now office or shop. The rental income curently is R14000 VAT (Incl) Which makes this a very good investment.
Contact agent for a view

Property Reference #: CL119

Agent Details:
Joe Opperman
Vartrust Real Estate
Kutoroka
Scorpion Trail
Midrand

Id Subtitle 1225595324
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Estimated monthly repaymentR 9,212
Total property loan amountR 850,000
Total interestR 1,360,763
Total repaymentR 2,210,763
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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Vartrust Real Estate
Selling for 7+ years
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