Commercial Building For Sale...

R 6,500,000

Can I afford this?
7 months ago87 views
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General Details
Description
Dual Mandate.

This prime commercial building is situated in Nelspruit CBD (Main Business Hub), across Promenade Shopping Centre, on route connecting with the N4 to Mozambique/Komatipoort.

Current Gross Rental Yield - 11.5%
Potential Gross Rental Yield with landlord occupied space included - 14%

~ Total Erf Size - 1487 Square Meters

~ Usable / Lettable Floor Space - 933 Square Meters

~ Mezzanine Floor Space - 218 Square Meters

~ Yard Space - 554 Square Meters (186 Square Meters Covered)

~ Communal bathroom facilities.

~ Price Excludes VAT (Possible No Transfer Fees, No VAT Transaction)

This property feature excellent investment opportunities...

Contact agent to arrange viewing of this Prime Property.

Property Reference #: CL69

Agent Details:
1: Jaco Viljoen
Arkvest Properties
CLAREMONT
NELSPRUIT
1200

Id Subtitle 1233456300
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Estimated monthly repaymentR 70,441
Total property loan amountR 6,500,000
Total interestR 10,405,831
Total repaymentR 16,905,831
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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Arkvest Properties
Selling for 2+ years
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