Commercial Property for Sale in Erand Gardens

R 60,000,000

Can I afford this?
2 years ago130 views
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General Details
Description
This magnificent office building with a warehouse component faces the N1 freeway. The building is finished to the highest standards and boasts a 48-seater auditorium and numerous boardrooms, cellular offices and open plan areas. It is located in manicured gardens a impressive entrance guardhouse. The building is connected to various security systems including fingerprint access control.

The property has a potential for a further 3,991m2 of building area

Zoning: Offices, hotels, training centre, conference centre, institutions and residential buildings. Warehousing is
allowed but needs to be less than 50% of the total bulk. The structures not to exceed 40% coverage, FAR
0.4 and 5 storey's in height.

Property Reference #: CL74711

Agent Details:
Grant Williams
Kateway Property Consultants Pty Ltd
Ash Brook House
9 Georgian Crescent West
Bryanston

Id Subtitle 987775214
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No. of years
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Estimated monthly repaymentR 650,225
Total property loan amountR 60,000,000
Total interestR 96,053,818
Total repaymentR 156,053,818
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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Kateway Property Consultants Pty Ltd
Selling for 6+ years
Total Ads2.38K
Active Ads2.21K
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