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Investment Property | Ormonde
R 15,000,000
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7 months ago167 views
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General Details
Location:
Description
The property measures 2,700sqm on 3,730ssqm available for purchase at R15 million excluding VAT. The facility is 75$ let with tenants ranging from a radio station, medical companies, lawyers and tech industries. The property is equipped surgical room, birthing centre and X-ray room as well as there's 60 parking bays. This property is located in the middle of ormonde with extremely good frontage. The building is surrounded by blue chip tenants.
Rental income per month:
Total R 180,000.00
EXPENSES PER MONTH:
Billing Services R 9,000.00
Guarding R 10,800.00
STAFF Salaries R 17,600.00
Insurance R 11,273.00
Cleaning & Toiletries R 1,000.00
Rates R 32,000.00
Lift Maintenance R 2,024.00
Total R 83,697.00
Property Reference #: DH2700O
Agent Details:
Don Hodgson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Rental income per month:
Total R 180,000.00
EXPENSES PER MONTH:
Billing Services R 9,000.00
Guarding R 10,800.00
STAFF Salaries R 17,600.00
Insurance R 11,273.00
Cleaning & Toiletries R 1,000.00
Rates R 32,000.00
Lift Maintenance R 2,024.00
Total R 83,697.00
Property Reference #: DH2700O
Agent Details:
Don Hodgson
API Property Group
API House, First floor, 85 Wessel Road, Rivonia
Id Subtitle 1232723092
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Estimated monthly repaymentR 162,557
Total property loan amountR 15,000,000
Total interestR 24,013,455
Total repaymentR 39,013,455
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
Professional Seller
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Seller stats
2.75KTotal Ads
2.15MTotal Views
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