626m² Building For Sale in Malvern

R 2,999,000

Can I afford this?
8 months ago253 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
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

Id Subtitle 1239600176
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
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 *
* 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.
RECALCULATE
Leapfrog Property Group
Selling for 2+ years
Total Ads380
Active Ads380
Professional Seller
Seller stats
380Total Ads
457.30KTotal Views
Contact Leapfrog Property Group
060*******Show Number
Message
(4012)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.