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Investment opportunity. Retail space for sale in Soweto
R 22,000,000
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2 years ago339 views
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General Details
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Description
Fantastic investment opportunity! This commercial space comprises of 9 retail shops each paying R15 000 per month rent. The total size under roof is 2,946sqm situated on a 3,746sqm stand with 800sqm yard space. Located on a very popular, busy road offering great exposure and signage options to attract customers.
The property is available for purchase at R22 million excluding VAT with rates costing R11 700 per month.
Property Reference #: MB2946S
Agent Details:
Andrew Sanderson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
The property is available for purchase at R22 million excluding VAT with rates costing R11 700 per month.
Property Reference #: MB2946S
Agent Details:
Andrew Sanderson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Id Subtitle 991771179
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Estimated monthly repaymentR 238,416
Total property loan amountR 22,000,000
Total interestR 35,219,733
Total repaymentR 57,219,733
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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API Property Group
Selling for 6+ years
Total Ads2.75K
Active Ads2.75K
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