Investment stock for sale in Marshalltown

R 11,500,000

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2 years ago200 views
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General Details
Description
This neat and well-maintained mixed-use development is situated in the ABSA head office precinct. It is made up of retail space on the ground floor and about 30 residential units upstairs, which are 80% tenanted.

The rent roll is available on request. The Carlton Centre, Gandhi Square and the exciting Jewel City development are in close proximity. Public transport facilities are easily accessible. Connect easily to Mooi street, which ultimately links up to the M1 and M2 highway network system.

Property Reference #: TM1240M

Agent Details:
Khumo Molefe
Officeplace
API House
Ground floor
85 Wessel Road
Rivonia

Id Subtitle 987951032
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Purchase price
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No. of years
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Estimated monthly repaymentR 124,627
Total property loan amountR 11,500,000
Total interestR 18,410,315
Total repaymentR 29,910,315
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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Officeplace
Selling for 6+ years
Total Ads3.87K
Active Ads3.87K
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