Calling all investors and entrepreneurs!!!

R 12,500,000

Can I afford this?
2 years ago376 views
Ad Saved to My List
View and manage your saved ads in your account.
Report Ad
General Details
Description
3 stands in Armadale, (Notarary Tied) and it's a Vehicle Testing Station

Stand 1 (Erf# 154) Land Size: 2147m2

Stand 2 (Erf# 98) Land Size: 496m2

Stand 3 (Erf# 99) Land Size: 496m2

It has pits for testing, 8 offices, 4 at the bottom and 4 at the top.
Bottom section also comprises of windows from the main office and reception looking into the testing area, fully functional roll up doors on either end of the testing area. Fully equipped and functional underfloor heating as well as air conditioning, 4 functioning Toilet facilities including a basin as well as a fully functional kitchen and storage facility and all fully tiled with counter tops in the reception and kitchen areas.
Fully tiled staircase

Top section is prepped for partitioning for 4 independent offices, each with individual entrances from the balcony which has secured steel balustrades, and overlooking the testing area. Only air conditioning for one office above the main office. Two functional toilets and 1 kitchen.
The building uses prepaid electricity and only pays for water consumption through the municipality.
Rates and water: +- R2500.

The whole building under roof is about +- 1500-2000m2 and sits neatly on approximately 3139 m2 of land.
All located in an industrial area South of Jhb, close to the N12 National Freeway and Golden Highway.
Quite a few filling stations surrounding it (At least 3), including 4 Fast Food Take Away Restaurants, 3 huge spare shops and a number of vehicle repair centres, including 2 renowned/prominent fitment centres. Two Kiosks at 2 of the filling stations, one cafe and one hardware store.

The property is easily accessible from the N12 National freeway or the Golden Highway as well exiting the same way.

Property Reference #: CL641

Agent Details:
Adrian Tan
Allegiance Properties
207 Biggarsberg Street
Glenvista
2058

Id Subtitle 1040394245
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 135,464
Total property loan amountR 12,500,000
Total interestR 20,011,212
Total repaymentR 32,511,212
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
Allegiance Properties
Selling for 2+ years
Total Ads313
Active Ads313
Professional Seller
Seller stats
313Total Ads
226.05KTotal Views
Contact Allegiance Properties
073*******Show Number
Message
(4004)
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.