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Prime investment property with a 15.68% return for sale in Pretoria
R 17,000,000
Can I afford this?7 Photo(s)
9 months ago213 views
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General Details
Location:
Description
The Burea Forum Building is a prime Retail and Commercial Building situated on Helen Joseph Street in Pretoria Central. This investment property has a total floor size of 3,336m2.
The property is anchored by a strong, blue-chip tenant, ensuring a stable income stream. Pepkor Trading (Ackermans) occupies the first two retail floors, covering 1,736m2, with a lease expiry on 30/09/2029. Jeppe College occupies the office component, covering 1,600m2, with a lease expiry on 31/03/2026.
The investment delivers an attractive calculated Return on Investment (ROI) of 15.68% at the asking price. This ROI is calculated based on the difference between the total annual rental income and the total expenses, divided by the asking price.
Property Reference #: CL114850
Agent Details:
Farooq Issa
OfficePlace
Southdowns Office Park, Block D
Ground Floor, Suite 6 & 7
22 Karree Street
Irene
Centurion
The property is anchored by a strong, blue-chip tenant, ensuring a stable income stream. Pepkor Trading (Ackermans) occupies the first two retail floors, covering 1,736m2, with a lease expiry on 30/09/2029. Jeppe College occupies the office component, covering 1,600m2, with a lease expiry on 31/03/2026.
The investment delivers an attractive calculated Return on Investment (ROI) of 15.68% at the asking price. This ROI is calculated based on the difference between the total annual rental income and the total expenses, divided by the asking price.
Property Reference #: CL114850
Agent Details:
Farooq Issa
OfficePlace
Southdowns Office Park, Block D
Ground Floor, Suite 6 & 7
22 Karree Street
Irene
Centurion
Id Subtitle 1313193848
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Estimated monthly repaymentR 172,589
Total property loan amountR 17,000,000
Total interestR 24,421,342
Total repaymentR 41,421,342
Interest rate at 10.75% for 20 years *
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OfficePlace
Selling for 1 year
Total Ads2.25K
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RMG Management Group
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