Fully Renovated building with Mixed use capabilitiy

R 13,000,000

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7 months ago146 views
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General Details
Description
Investment Property with great upside potential.

Well located on the correct side of Voortrekker, this property has ground floor retails with Roller shutter access. Additional 2 floors are open plan with 800m2 Gla per floor.
Top floor boasts a balcony and common area for HVAC systems or additional access.

The Maitland metro is a bustling urban area located in Cape Town South Africa. It serves as a major transport hub connecting various parts of the city and surrounding areas. Situated just south of the N1 highway it enjoys a strategic location with easy access to major transportation routes.


Key Property Features
- Ground Floor Retail with great exposure
- Rollers Shutter loading / off-loading area on Norfolk Rd
- Ground floor divided into 4 usable sections
- Great natural light on all floors
- Fully renovated interior / exterior
- New Ablutions and Basins throughout
- Kitchinet plumbing installed and ready for fit-out
- Units have individual meters


Furthermore the local government and various stakeholders have taken initiatives to improve the Maitland area as a whole. These initiatives have focused on upgrading infrastructure enhancing public transport systems and implementing urban renewal projects. Such efforts have aimed to create a more attractive and sustainable environment for residents businesses and visitors alike.

In conclusion the Maitland metro in Cape Town serves as a major transport hub with its strategic location and proximity to the city's port and major highways. It has transformed into a business and economic hub attracting corporate companies from various industries. The area has benefited from significant investments in infrastructure and urban development making it an appealing place to live work and do business.

Property Reference #: CL12890

Agent Details:
Nikolai Mynhardt
Annenberg Property Group
Office 2D
Matrix
8 Bridgeway
Century City
7441
Bridgeway
Century City
7441
Id Subtitle 1236488803
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Estimated monthly repaymentR 140,882
Total property loan amountR 13,000,000
Total interestR 20,811,661
Total repaymentR 33,811,661
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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Annenberg Property Group
Selling for 7+ years
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