Business Property

R 8,500,000

Can I afford this?
6 months ago301 views
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General Details
Description
Prime Property presents this business property consists of two floors. The ground floor have a surgery and a panel beating shop. The first floor have two other companies operating a panel beating and vehicle repairs businesses.

This is great investment opportunity currently yields R80000 a month in rental income.

The opportunity is also to open your own business on one or both of the floors and rent out part of the property.

Property Reference #: CPP3065

Agent Details:
Malcolm Chetty
Prime Property
Shop 5
7 on Millennium Boulevard
Umhlanga Ridge
4321

Id Subtitle 1242833022
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
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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Prime Property
Selling for 7+ years
Total Ads720
Active Ads720
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