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626m² Building For Sale in Malvern
R 2,999,000
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6 months ago166 views
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General Details
Location:
Description
MIXED-USE BUILDING: SHOPS, RENTAL ACCOMMODATION, PARKING/STORAGE BASEMENT
Jules Street building (busy!) 7 small shops, 11 decent cottages (all let), plus parking. Owner uses 2 shops; the others are let at R5 000 - R6 000 p.m. All cottages are let. Cottages are smart and presentable - proper fitted kitchens with granite tops. Large basement parking, also suitable as storage. Currently getting over R60 000 in rent, and this will increase if the two owner-occupied shops are let. Affairs with City of JHB are up to date. Viewing by appointment. We assist with finance application.
Property Reference #: LFJN-12904
Agent Details:
Stanley Luntz
Leapfrog Property Group
61 Linksfield Road
Dowerglen
Edenvale
Jules Street building (busy!) 7 small shops, 11 decent cottages (all let), plus parking. Owner uses 2 shops; the others are let at R5 000 - R6 000 p.m. All cottages are let. Cottages are smart and presentable - proper fitted kitchens with granite tops. Large basement parking, also suitable as storage. Currently getting over R60 000 in rent, and this will increase if the two owner-occupied shops are let. Affairs with City of JHB are up to date. Viewing by appointment. We assist with finance application.
Property Reference #: LFJN-12904
Agent Details:
Stanley Luntz
Leapfrog Property Group
61 Linksfield Road
Dowerglen
Edenvale
Id Subtitle 1239600176
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Estimated monthly repaymentR 32,501
Total property loan amountR 2,999,000
Total interestR 4,801,090
Total repaymentR 7,800,090
Interest rate at 11.75% for 20 years *
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Leapfrog Property Group
Selling for 2+ years
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